Thread regarding CVS layoffs

Business Analysis

First, my sincerest wishes of Good Health to All of You. Her Majesty Karen’s Husband runs the Quell Foundation for Mental Health. They live under the same roof. Her Royal Highness, can’t figure out that 2 weeks of Anxiety is not good for anyone. Productivity must have dropped below 50%. Now for Irony. Aetna CVS is this vast array of poorly integrated businesses. The profitability is 1-2%. Everything is geared to the optics for Wall Street. Layoffs are Amazing. The entire amount drops to the bottom line. Sure they charge off restructuring costs. Layoffs are more profitable than anything else that they are doing. Wall Street is d-mb enough to believe that layoffs are a positive. This ship is rudderless. Management is clueless. Real competition is everywhere. Minute Clinic won’t save the day. This is not a Value Stock. This is a debt ridden behemoth where management has no idea what to do next. If you have any doubts, just turn on your pos computer and watch it crash. This is not a technological wonder. Leaving is a positive.

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Post ID: @OP+1o26VyqE

8 replies (most recent on top)

This may resonate with some of you and not with others. This is just my opinion and everyone has one.

Quiet quitting is the most appropriate response to working in today's mega corporations. There's no promise of a pension. 401K is just a casino. No need to climb the corporate ladder, manage your finances, acquire knowledge and invest in real assets. Timing is important (hence, acquire knowledge first). Figure out your magic retirement $ number and work rigorously towards that. You have to get creative. Your focus should be on you and not trying to appease a corporation. No one is coming to save you but yourself. You are absolutely capable of this. You don't have to be smart, just be knowledgeable. Knowledge can be easily acquired. I don't mean going back to school, YouTube is a great resource.

Magic retirement $ number does not mean to be ultra rich, it's simply making enough cashflow from your investment to not NEED a job or to be hassled by anyone. A.K.A "F* Y Money". That is true empowerment. I know it's hard to achieve, but being dependent on a risky job is harder.

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Post ID: @okg+1o26VyqE

We are all Karen Kasualties in some capacity or another. As far as Quell is concerned, the average scholarship they award is $1500. That won’t even cover books for one year. Yet they are hosting a black tie gala in November where tickets are $350-$2100. I’m glad Karen and Kevin had the resources to get their son the help he needed, but you and your kids? Good luck to them. This foundation is an excuse to play dress up and improve their own image.

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Post ID: @kex+1o26VyqE

I am sure the lists are somewhere wish someone would leak/post them online.
You know so people can have an idea.

Karen su-ks and only hope karma hits her and her family as bad as time has hit her face.

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Post ID: @dmk+1o26VyqE

It’s all about making them richer. If they cared about mental health they would communicate to us now

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Post ID: @qbc+1o26VyqE

Being charged for health insurance (as other employers offer it as a free benefit) despite owning a health insurer always amused me...

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Post ID: @lvt+1o26VyqE

Well some all staff update meetings have been cancelled for Monday in certain departments.
The weekly meeting is now cancelled for that day , boy that sounds bad.
Who will make it?

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Post ID: @xpk+1o26VyqE

They sure talk a good game to their employees. We care about you, about your mental health, look at all the wonderful benefits we offer you…. All these wonderful things that enrich our wonderful lives. Meanwhile peons (like me) in the weeds are struggling to make ends meet while we worry about whether or not we will have a job next week.

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Post ID: @uqe+1o26VyqE

Wall street and most big corporations have long since stopped caring about the long term. It's all about next quarter results.

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Post ID: @djk+1o26VyqE

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