Because I know it’s not based on sales, especially with the amount of unprofitable hours being open.

Is this round/wave/whatever ever going to be over?

It never ends. More folks let go from design and engineering teams today. We are being told that it was part of the “original 3,000” and no more cuts are planned at this point. I don’t believe that for a second. This place is an absolute dumpster... — read more 

Anyone have any clue what this team do?

Why would anybody be worried about being laid off from CVS? Think about it, how much worse can it get? If you're being honest, the answer is no, it can't get worse. Being laid off can only improve our situation. I've been much happier since I... — read more 

Would there be any bonuses for this year after recent earnings reported?

https://www.forbes.com/sites/brucejapsen/2024/11/11/cvs-health-path-forward-becomes-clear-and-breakup-unlikely/

Read Barrons. It intimates that no one wanted the CEO job. You can’t use layoffs as a profit center. CVS/Aetna is now universally seen as a sinking ship. Great job.

Just see how dr-g prices at CVS are always higher than any other stores. And see how PBMs are driving up all the dr-g prices in the name of helping customers. Honestly The US should ban all PBM like any other developed countries and CVS need to... — read more 

What’s the scoop

So the plan was closing 900 stores over 3 years. Turns out they added an additional 271 stores to close on top of the 900 originally. That's almost 1,200 stores. That's a lot.

It’s been falling behind all the competitors. What’s worse, there doesn’t seem to be any willingness to adapt to current demand and habits or to, god forbid, come up with innovative solutions. Whenever the need arises to demonstrate profit or... — read more 

How are we supposed to stay motivated when they keep happening every other week? This is inhumane. There’s no stability, no security. We're basically just waiting for our turn to be next. It’s impossible to feel anything other than frustration when... — read more 

Do you think there will be CVS layoffs? Any chatter, news or rumors?

Looking at last year's holiday schedule for corporate employees, veterans day was a paid day off. Is this no longer the case this year? Didn't get anything from my manager and seems like meetings are as planned on Monday. Did CVS remove the day for... — read more 

Prem will have the pharmacists cleaning toilets and stocking shelves soon.

There is a lot of rumors about 15000 layoffs in 2025, is this true?

Sounds like getting rid of dspls completely and reducing hours for dpcs

And nobody seems to care. If they think we can take on the workload and are willing to, they are wrong.

I am aware that we have a townhall meeting next Wednesday, but are there any leaders who are seeing a trend of ranking employees and preparing for more layoffs?

https://www.cvshealth.com/news/company-news/announcing-leadership-appointments.html?cid=site-CVSHealth:pr-alert:leadership-appointments:na Skip to main content CVS Health logo Company News CVS Health announces leadership appointments November 6... — read more 

Scar tissue gets accumulated over time and that permanently damages companies - how is the culture affectd??

It’s hard to understand how the ELT still holds their positions, given the colossal failure they've proven to be. If I performed this poorly, I’d be out the door in no time. But not them. They keep collecting hefty salaries and bonuses, completely... — read more 

I heard DJ is going to announce layoffs tomorrow as part of q3 results and it's starting next week, but could be a rumor too.

Do you think Human Resources will get hit hard in layoffs in 2025?

I wonder how Karen is going to score.. ? Jajajaja

Seriously all people use us for is scripts. We really dont need it. If the items were cheap sure but everyone knows you dont run out to cvs or WBA for cr-p..its expensive. Sell it all off shrink the real estate footprint.

Is CVS a startup? Even if it remotely was one, why is the pay half of what a startup pays? Some of the laid off folks are joining actually startups and will increase their TC by 50%+. CVS might be a startup in the sense that the business is shaky and... — read more 

Any ideas on what the next round of changes will be? More layoffs, cuts in hours for hourly, title elimination, or something else?

Can I please get some help. I’m reading the separation documents and as I understand it severance pay will end if I’m rehired by the company but I am not seeing anywhere it will end if I’m hired by a different company. Am I wrong or missing... — read more 

CVS Health, on the other hand, is facing significant hurdles. Challenges in its retail and healthcare segments, coupled with rising operating costs, have hampered CVS’s profitability, raising concerns about its future outlook. The retail and... — read more 

Rumors I've been hearing are that there is some shuffling already at high levels. Leaders getting moved into expanded roles and the underperforming ones added to the 2900 pink slips. Our CEO has a rep at caremark, either preform as promised or you... — read more 

I think they've not said a word about bonus because they don't want an exodus. The communication has been abysmal for the last 3 years and I'll bet they'll wait to the absolute last minute to say no bonus for the year.

Need to get rid of all executive Directors. They are useless and don’t care about the employees. They will just work them to the grave to advance themselves. No Trust or respect!

Such a great feeling

Moody’s Ratings is looking at lowering the company’s grades by one notch in the coming months, a review that could bring CVS to just a step above high-yield status. S&P Global Ratings has signaled that a downgrade to the edge of high-grade is... — read more 

Seems hopeless

Assuming the company will pay a bonus in general and you were laid off (not for reasons of performance or misconduct), and you receive severance pay, will you receive a prorated bonus? The separation guide is clear on that but the document you sign... — read more 

This dr-gstore chain and pharmacy benefits manager is expected to post quarterly earnings of $1.57 per share in its upcoming report, which represents a year-over-year change of -29%. Revenues are expected to be $92.87 billion, up 3.5% from the... — read more 

It's hard to believe how little the leadership cares about the stress layoffs are causing us. Morale has been on a downward spiral for ages, and they just ignore it. Everyone knows happy employees are more productive, but they keep completely... — read more