Thread regarding CVS layoffs

Turnover has always been the same, the company just cares less about hiding it. Hate to use this phrase, but if you are boomer and a general manager you are getting paid 6 figures + bonus. Granted you have been with the company for 2-3 decades. This was actually a decent career. That isn’t what cvs wants anymore. I noticed that 3 years again. It started with eliminating the in store mi. Then having the fs dm essentially eliminated and most are now former rx sups. With the exception of some butt kissers that we’re able to s— enough butt hole to keep their in a small volume district. I saw that fs and brick and mortar wasn’t gonna be a smart option for someone that needed to work 30 + years. Plus the amount of hours required to work to keep your store slightly above water was getting out of hand. I worked in south central la busiest rx in ca, fs did about 4.8 million a year. The shrink was 180-240k a year. Imagine trying to do the cfr process on that volume of theft? Anyway the writing was on the wall. Best to leave and make less to be happy then gripe and get screwed over year after year with “improvements “ this company makes. It’s gonna get worse. There isn’t going to be a light bulb and all of a sudden stores are gonna get more hours. The opposite will happen less floor space more space for products that will be available so cvs can double dip with the Aetna purchase. Pretty smart actually. Just not good for the grunts in the brick and mortar buildings.

@121Bs9i8-6ikt... I am going to assume that you no longer work at CVS. And if that’s the case, then I respect you for getting out. Might I ask what was the straw that broke the camels back for you?

You’re right about there always being turnover, HOWEVER over the last 3-4 years, I’ve seen astonishingly high turnover at cvs like never before. So this feels much different than just normal turnover. Something’s going on. That’s just my opinion from what I’ve heard and seen.

You have to be a troll right? Look if this is your career path and haven’t figured out that you screwed up then I feel sorry for you. What about turnover, cvs and d–g stores has always had turnover. People leave now because the jobs are dead end if you need to seriously provide for a household. Smart people know that. Which are you? Big time dummy.

Employee turnover at CVS is very high! And that’s never a good sign for any business. You gotta ask yourself why are people leaving the company in droves? It’s bad enough that brick & mortar retail is dying a not so slow death, which presents its own share of problems. But a business with a high employee turnover rate? What in the world is going on at cvs??

Culture died when savon d–gs was purchased. Things never improved and got worse. Do you think 3/4s of colleagues would quit? You probably do. That’s why you’ll work there and be unhappy with the negative changes that happen every other month. Honestly you’re pretty dumb.

How do you change the culture at cvs WITHOUT quitting? Quitters never win. And fyi... IF those 3/4 of unhappy employees decided to just up and quit all at once, then yes corporate would be in trouble.

Tell me what major purchase doesn’t create debt? Also how was buying Aetna not the answer? Do you think the company wants to sell detergent and cereal at a loss each week? That answer is no. They were looking into a purchase like this well before the amazon and pill pack deal. That deal just expedited things. You think they care what happens if 3/4 of their colleagues are upset or unhappy. They aren’t. Keep posting about these Issues, instead of being proactive and taking control of your future. Cvs Aetna is inevitable. They don’t have to make your life terrible. You can control that.

@121Bs9i8-2lzt... Yes, CVS is trying to evolve, but buying Aetna is/was not the answer. My opinion is that Aetna purchase was a knee jerk reaction to Amazon’s acquisition of Pillpack, regardless of who bought who first. Although I will say Aetna has helped cvs’ quarterly numbers. BUT it’s also put cvs billions upon billions of dollars into debt. And who is paying the price for that? The stores and store level employees. Cutting hours like crazy might look good on paper, but it’s hurting the actual stores, and putting waaay too much undue pressure on employees to make up that debt. You try telling the person who was getting 30+ hours a week, but now your lucky to get 15 hours a week. I actually like the idea of the health hubs, but we didn’t need to buy Aetna to have health hub stores. And we don’t need to cut the stores down to nothing in the process. Sir Richard Branson once famously said... “Take care of your employees and they will take care of your business”. And he was right!

And fyi, Sears/Kmart also neglected their stores and allowed them to fall apart. I’ve been in my local Kmart many times and how it’s managed to survive all these closings is beyond me. It’s one of the few Kmarts left, and is looking awfully run down, although I heard it’ll probably be one of the last ones to close.

Sears, Kmart, and businesses didn’t crash and burn due to not caring for employees. They were miss managed from the top. Didn’t evolve. One thin cvs does is evolve. As much as I hated working for that company. They aren’t going anywhere in our lifetime. You use poor examples. There is an endless supply of people with limited education beyond a high school diploma or ged that are willing to step into a job that pays a lot more than your average salary of a 4 year degree( liberal arts, etc....). They will find quality colleagues and terrible ones. It makes no difference. Cvs will evolve, you have to evolve and leave the company. Don’t be a chump.

Sears and K-mart ignored their stores, and look what happened to them. What’s left of the company, which isn’t much, is hanging on by the thinnest of threads. Supporting the stores is not going to bankrupt CVS, nor is it gonna make employees soft, that idea is wrong.

Studies have also shown, that a business that takes care of their employees also does quite well. Because when an employee feels valued and cherished, they are going to naturally work harder for the company. Why? Because they feel like they are a part of something, and they have a vested interest in the outcome of things. Motivating people off of fear, threats, and intimidation is NOT the way to go. Clearly whatever “study” corporate based this off is flawed in every way. When you threaten someone’s job, only two things happen... people get scared and bust their onions over fear of losing their job, or they quit. You get enough people to stay and bust their butts, and you get enough people to “prove” that your intimidation theory works.

I promise you it’s not over a few hours of demand, more like 10-20+ If you add that to 9000 stores that adds up. Retail is garbage, and the business model makes it hard for quality leaders to emerge or stick around. The business has become unmanageable to a certain degree. Complain all you want about what a true leader is, but that isn’t gonna fix what the actual problem is. If you give resources to stores, studies show you get comfortable. If you give bare minimum minus 10. You create fear and make people push themselves to do more than what is supposed to be possible. This company using analytics to come up with what’s possible to keep stores running. Just wait, you think care pass and fedex or ups in store is bad. What till they add a kitchen or smoothie bar or some sh–.. they’ll take 20to 40more hours and and acos, and justify all the cuts they have made.

A true leader doesn’t b–ch and complain on a lay-off page and just get things done. One that works hard for results!