Thread regarding Express Scripts Inc. layoffs

Not looking good!

This elevator only has a down button. When Anthem leaves, we will really feel the hurt!

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Post ID: @OP+MIrzuz1

4 replies (most recent on top)

"Bruh" if you're a pharmacist I don't wonder why they are getting rid of people ! Good lord learn English

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Post ID: @lber+MIrzuz1

quoting washington paper

More layoffs could be coming, however, as Express Scripts stock value plunged after they lost a major contract, even raising the possibility that the company will be bought out. "Post the bludgeoning, we think management will have to take a hard look at the company's prospects through the roll-off and decide the path forward ... that is likely to maximize value creation," Evercore ISI analyst Ross Muken wrote in a memo quoted by the St. Louis Post-Dispatch.

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Post ID: @lgzc+MIrzuz1

hey bruh guess u didn't hear trump dont like esrx bruh. if he cant stop pbm from making profits from insurance companies he can dam sure make the dod contract go byebye bruh. that stocks gonna sink like a brick. just cause no jobs indiana will work for slave wages dont mean nothing bruh

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Post ID: @lyet+MIrzuz1

Well, there goes the neighborhood...and the stock tanked 14% in minutes before the markets closed. ESRX is bailing water and there aren't many lifeboats.

https://seekingalpha.com/news/3259050-express-scripts-beats-0_01-misses-revenue

The company's relationship with Anthem (NYSE:ANTM) has apparently dead-ended. Anthem management has informed ESRX that it has no interest in discussing a continuation of their contract, set to expire on December 31, 2019, despite ESRX offering annual price concessions as high a $1B.

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Post ID: @gkjp+MIrzuz1

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