At least for me that is the message. Cutting the hour for long time workers is telling us that we are disposable. Why else would they do that, given that there is always the same amount of store hours that needs to be filled and it cost them the same... read more
Topics regarding layoffs at CVS
So, I just found out that for the last 3 years my manager has been taking 30 min lunch breaks out of my pay every single shift. I don’t take a 30 min lunch breaks and I only work 4hr shifts. Any suggestions on how to handle this?
Cutting hours WILL be the downfall of CVS! And that INCLUDES the pharmacy! And yes you can cut hours to the point of no return and the company fails. Much like a ship taking on too much water and before the captain realizes it you’re sinking fast! In... read more
Glassdoor is one THE leading employee review sites around. On Glassdoor, cvs has consistently gotten very low ratings. Cvs is in the top 20 worst companies to work for. Our ceo currently has a failing grade on Glassdoor as most employees have an... read more
Saves company money Makes for good quartly report, pleases the stockholders, shares rise Negatives: This will/has backfired. Customer & employee satisfaction at all time low Customer service and safety for patient is our concern Mistakes are being... read more
So if there will be big layoffs at CVS (not sure about Aetna), I can see it being the week of March 25. Why? Warn notices are typically 60 days notice and that 60 days if done next week would be before the beginning of the next fiscal year June 2019... read more
Underperforming stock even with a 10% discount (which used to be 15%) severely underperforming the market on a 5 year chart. When will this disaster end?
So I heard thru the grapevine that our store is supposedly up for a remodel in 2019. I am a shift supervisor, not a SM, so where/how could I check on our computer system to see what might be going down and when? I don't want to ask my SM since I only... read more
In a previous thread, someone mentioned that the health hubs are failing. Is this true or just rumors? If it is true how are they failing?
I’ve never seen an inventory so disorganized. This will be my first with CVS. No extra payroll, still have all the normal weekly activities but expected to deliver an inventory ready store? Am I missing something? Yes I have asked for hours and or... read more
I thought Walgreens leaders were incompetent for giving $120 MIL TO Theranos...ours paid $12.7 billion for Omnicare...moral of the story...none of these people are any smarter than us...the just kiss a-- and wear nicer suits
Is it ever going to happen? Or are we destined to work with a proverbial ax hanging over our heads for as long as we are employed here? And yes, I'm older and I've been here long enough to remember what it was like when job security was a thing at... read more
High volume stand alone store, No Indies, no Grocery pharmacies, only 1 other in town, RA and CVS 10 miles away. Are we set for closure, lease not up for 30 more yrs.
Prior post stated these dates for layoffs. Any new, news?
The CVS PHARMACY of the past would have teams assembled Contractors ready and many departments fully involved in this hub idea. My question - Does CVS HEALTH have this ready and waiting? Are any of you just waiting With plans in hand waiting on the... read more
The Kansas City Business Insider is reporting the closure of mail order center. https://www.bizjournals.com/kansascity/news/2019/03/19/cvs-health-kc-layoffs-pharmacists-technicians.html
Of course I’m talking about lower and some middle tiers of management. I believe the big fish covered their asses already, so that question I won’t bother asking. In light of the Aetna merger becoming a reality we are aware that there will be some... read more
reposted : You can train a monkey to do 90% of my job
Reposted If store/pharmacy managers were smart enough to handle Star source when it first rolled out we wouldn’t need the hiring center. I would take numerous calls a day from other store manager throughout the region asking me dumb questions. If... read more
Imagine that an Aetna worker is laid off at this point or even after the integration. What severance package would he receive Aetna’s or CVS’s. Nos sure if any of this was in the merger agreement and if it wasn’t what are the rules that are applied?
Just remember that acorns that fall to the ground can get buried and grow into large trees! So small things can over time turn into big things. Cvs is facing pressure from many angles, so while the sky might not be falling it certainly is NOT blue!... read more
Apparently there are more than one set of rules.... one for you low life PMs and the other for field management and above. DL still has his job and it’s going to swept under the rug. All those in the past who have been fired for letting someone else... read more
Some changes are bound to reach the store level so I'm wondering what will they be. Could we be seeing eliminations of some store positions and the introduction of new ones? Realistically, how much is this going to impact regular store workers?
https://apple.news/A7NlXOdanQhqo4VhUng4fPg Makes you wonder why company insiders are buying so much stock? I know it can’t just be because price is low. Nobody buys that much stock for no reason.
Anyone else been having issues with bohs not updating when reviving a new truck. My last truck was double the size because of this, even my pharmacies pseudoephedrine products are out of control. It’s gotten so bad that they cancelled next weeks... read more
So someone had mentioned something about a class action lawsuit, and so it turns out it's true. I saw the press release on Yahoo Finance. The basic nature of the filing, is that CVS misled investors who ended up losing big money. One of the firms... read more
Story sounds similar- Executives getting investigated for fraud with hyping earnings although Omnicare was going down the drain. Stock starts to slip....stores start to close....now PBM getting investigated in multiple states for spread pricing... read more
Biggest waste of money this company has.
https://apple.news/AqGZQBkgwSDCPGBuFeTgljQ Interesting... So the Department of Justice had asked the judge overseeing the CVS-Aetna merger, to just approve the merger once and for all. Instead of approving the merger, he orders another hearing where... read more
The business changes when aetna integrates into CVS, we are all aware of that, but I’m wondering what does that mean more precisely, what will we be faced at our jobs? In what areas are they going to cut and in what areas will they add to achieve the... read more
In the end we are the ones that run this company...they might want to start appreciating us...we make sales happen And fill the shelves along with our employees...dont treat us like c-ap and expect us to sell out...its a 2 way street ...we get up and... read more
So a financial analyst gave a bullish outlook for Cvs stock and said there is a 40% upside potential to the stock and set a $76 price target for the stock. He basically said he likes the direction Cvs is going, (healthcare), and hence his bullish... read more
Not exactly going extinct but major headcount reduction coming for DAPLs and RAPMs near you. City DAPLS and RAPMS will remain. Country DAPLs will be bye, bye! Suburbs will go green with DL's visiting those. DAPL's will be kept for high volume city... read more
You might be surprised they will make cuts at Aetna, they have lots of dead wood, especially senior execs just sitting around doing nothing but pretend work, some don't even pretend. It is all known, but nobody hardly ever gets fired, so they'll... read more
Store Managers you can see your bonus (paid on 3/15) in myhr under mypay. Mine was very nice. I have to admit it...surprised they paid them out Happy Holidays SM's!!!! Now time to find a new job....
Decline may be over...stock is up for third consecutive day.
If the company stays with the same mindset the trajectory of the company and the stock will only continue is one direction. Make all the excuses for the stock crashing that you want. It all comes down to poor leadership even poorer decisions. No... read more
I really wish there was more transparency from CVS management regarding what's going on with the company and what changes are really going to happen. Right now we are all just guessing and in a lot of cases stressing over things that might not even... read more
I had my review last week and there was not one thing mentioned about my future with Cvs everything was we must execute...blah blah blah. Basically your stuck as a manager in a store that historically has bad service and there’s no way out. So if... read more