Thread regarding CVS layoffs

Text from DL today...

...when ask if anything came out of the Regional meeting, that was had on 12/13, the response was "Doesn't sound like we have anything firm on what to do. We have a call on Monday too."

So, what does that sounds like, are the Indians attacking our wagons?

It is called vertical integration. From the top down, all will submit, or, quit. Sounds a bit like China, and Russia, doesn't it?

by
| 2009 views | | 16 replies (last ) | Reply
Post ID: @OP+WDwb02g

16 replies (most recent on top)

Mergers benefit CEO and the other top corporate dic---ads. Financial companies also but that's beside the point. The CEO gets his bonuses, raises, golden parachute and another notch on his resume for the next place he goes to destroy. Nobody gives a F about the company or the workers. Do your job, cash your check and live your life. You owe them nothing. They will give you nothing.

by
| | Reply
Post ID: @1xhr+WDwb02g

To the post about closing stores below 20fs. That bs , I know lots doing 15-18 where yes fs is cut way back but script volume is between 2k and 3k per week. There is no way they would let those go

by
| | Reply
Post ID: @1yor+WDwb02g

The concept of cause and effect is a little over simplified here. To say the older generations brought stock prices up and the younger ones brought it down is oversimplified. The people at the top of the chain in the boardroom.... Merlo, Ryan, etc., created the system that devalued the long term consistency of employment and opened up an environment of ongoing turnover. So yeah, it’s easy to say newer generations are to blame.

Also, if you think wether or not being good managers is to blame for dropping stock prices....Think again. When the company cuts payroll, they know they are going to take a loss in retail profit... They just hold the carrot of your head and control you through fear to minimize the loss as much as possible. Retail profits will mean less and less. What matters is can they create excitement though all these b---s--- mergers to create a narrative of innovation. Has it worked? Most times... yes. But Those buyouts place the stress and burden on retail and the people at the bottom of the chain. And they make it increasingly harder on them with every merger. Cutting opportunity for us to maximize bonuses while Merlo and co. bonuses Increase to be the highest paid among most ceo’s in the country.

The company profits off not giving a sh-- about you and creating an environment of high turn over so people don’t have time to connect the dots. ...,And they create a progressive image to keep the libtards from interfering with this very plutocratic system.

But it’s fine, let’s turn generations against each other...managers against pharmacist. The company is just doing what all (actually not) companies do. Be greatful you have a job. Bend over and take it..,whatever. Let’s just not blame the company.

by
| | Reply
Post ID: @wmv+WDwb02g

It's the judge that will hear both sides on Tuesday about why he should allow CVS and Aetna to integrate before he signs off on the merger. The stock is volitile because he could delay or deny the merger.

by
| | Reply
Post ID: @ykj+WDwb02g

Retail is only a piece of the puzzle. An continually shrinking piece of the puzzle. Retail isn’t saving the company and that why they are transitioning away.

Stocks dipped because no one knows how this move will shake out. Could make us worthless or we could be worth $200/share

by
| | Reply
Post ID: @ajt+WDwb02g

Son you can run your mouth all day. I know hard work better than any of you fools. I grew up on a dairy farm in Wisconsin, joined the military at 18, served 12 years and did 3 tours of Iraq and 2 in Afghanistan in some of the worse places imaginable. I work my a-- off every day I come to work and i expect the same from my staff. If your store is underperforming, it’s the Managers fault, period. The thing I’ve seen all over is the lack of Leadership in the stores. Managers who expect results, but too not want to put in the effort and then get mad because they are underperforming. I’ve seen it all folks. Managers who sit in the office all day, managers who work a few hours and then cut out early, managers that don’t do the required tasks that are expected day to day. And it’s not just the young crowd either. If you want good results than you need to have good leadership and do the work.

by
| | Reply
Post ID: @qjy+WDwb02g

Can you prove that it’s us “new managers” that are causing the stock to fall? What is your basis for this insane revelation? I took over an underperforming store have since transformed said store into a profitable store. It didn’t take much to do since the “old manager” that retired didn’t do anything but live in the office all day. I like how you old geezers always point to the small fraction of us when things go wrong, but the majority of you run the business. Get off your high horse because you’re not convincing anyone old man.

by
| | Reply
Post ID: @wka+WDwb02g

To all you new leaders ! The measure of how well a company performs is in the price of its stock! Us old leaders took the company from 28 per share to 148 per share. You have taken it down to 71 a share and still falling ! Fell 8 dollars just this week! You are causing us that have stock to lose our net worth. Get your sh-- together, we judge you on performance of our stock prices and you are a f---ing F rating currently. Enjoy your title cause you surely have no clue how to profit in business.

by
| | Reply
Post ID: @gda+WDwb02g

Did you get through all of that without spell correct.

by
| | Reply
Post ID: @yqn+WDwb02g

I’ve asked my DL about the closing of lower volume stores. He told me as of yet but there are no plans, but it has been mentioned and is currently on the table. If it’s going to happen he believes it will be mid to late 2019, possibly early 2020.

by
| | Reply
Post ID: @aad+WDwb02g

They are closing a bunch of stores, as to what I have heard, in order to make way for the new model of store. The employees are all but out in the smaller stores. If your store doesn't make at least $20,000 a week, say good bye to the company very soon.

by
| | Reply
Post ID: @yts+WDwb02g

This is coming from the guy sitting on his golden throne complaining how he doesn’t get another 4 figure bonus while the employees who do all the work get chicken feed. I can tell you sir I may not get a McDonald’s order correct because I don’t f---ing work there jackass, but you couldn’t run a store to save your life without the help of the ones you constantly put down. Your generation did nothing but rape those less fortunate to get where you are. You’re all a bunch of crooks and cons and now you’re scared because your time is almost up.

by
| | Reply
Post ID: @upb+WDwb02g

Typical generational ignorance. We did not appreciate how hard the previous generation worked to build this country. You don’t appreciate the technological advances this generation initiated.

Now it’s your turn. It is a little disheartening when your generation can’t get a McDonalds order right, but we shall see.

by
| | Reply
Post ID: @jam+WDwb02g

Totally agree with the poster before me. The older generation is always the one calling us lazy and arrogant as they stare down from the ivory tower they earned from cutting our wages and telling us we make too much and don’t deserve anything. Our generation can’t afford our own house, car, food, clothing, etc, because your generation doesn’t think we deserve it. Sh--s getting bad folks, only a matter of time before we see a kill the rich mentality spill into the streets. You old pricks better get scared if you aren’t already. Some of aren’t as lazy as you claim we all are, we hungry and we want blood.

by
| | Reply
Post ID: @wpn+WDwb02g

The world perception of the previous poster is one of an old man yelling at kids to get off his lawn.... Which this generation cannot afford to have... The previous poster is a perfect example of ignorance and arrogance.

by
| | Reply
Post ID: @ieb+WDwb02g

The world perception of this generation of Americans is one of a a supremely arrogant and entitled brats in decline that have done absolutely nothing to earn it, living off the blood and sweat of their forebears. This post is a perfect example.

by
| | Reply
Post ID: @min+WDwb02g

Post a reply

: