Thread regarding CVS layoffs

Get ready for a blood bath of layoffs

Get out , get out , get out ! It is your own fault if you stay and hope your job is safe! The id--t worker bees are safe, long time managers are being targeted for any reason they can find to remove them . Company is in save all you can mode everywhere you can.

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Post ID: @OP+XJrCNIk

15 replies (most recent on top)

Anyone with any self esteem has had it with this company. How did it get so bad? Thus use to be an amazing place to work . I would never have believed I would hate this job as much as I do now! Time for me to just go away it is not getting better but worst😞

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Post ID: @7oev+XJrCNIk

All signs point to layoffs, it will be a combination of slow bleed and hemorrhaging at times. For the corporate side, not speaking of the Retail side, each department has stories of people 'leaving' or taking positions outside the company and the talk is accelerating. Our department has 4 managers mysteriously leaving, doesn't sound like by choice.

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Post ID: @5lnm+XJrCNIk

I guess you are right about that.

But don't you see it taking 2-3 years to roll out ?

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Post ID: @4ink+XJrCNIk

Sorry wrong, only one business model, hubs! Will get rid of warehouse and staff and drivers and trucks and those expenses

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Post ID: @4hou+XJrCNIk

No point in making every store a Hub. You have some areas where CVS is literally on every other 4-5 blocks.

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Post ID: @3ooh+XJrCNIk

They won't make these changes in all stores will they ? Heck I have 4 -6 stores in 15 minute drive . 20 stores I could get to in less than 30 min.

Please answer Huston ?

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Post ID: @3irb+XJrCNIk

AP , trainers and DM to be reduced to half the current numbers. Dm to pick up at least 20 stores in preparation for hubs. FS will consist of hub captain on the clock and shifts will be health hub concierge. DSD will be scan based and seasonal sections eliminated! So far there are 6 sections related to hub. Call us in Houston if you need more details , we are one of the three currently in operation. Be ready to keep a few and transfer the rest of your employees

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Post ID: @3ydt+XJrCNIk

Definitely not BS lol. My store is in a rural area. There is a Safeway and that’s it. Hour drive to the nearest major city

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Post ID: @1nmg+XJrCNIk

$75k fs and only 1400 scripts? Seems off.

I'm in RI 45k fs 3200 scripts. In my district there is a store that is about 80-85k with over 7000 scripts. Not calling you a bs'er but seems backwards from the New England stores.

It's shocking that you have soo many people shopping the very overpriced fs that don't get their scripts there.

Sales are 82% rx 18% fs in my location. You are probably around 55% rx 45% fs.

I guess you won't be one of the FS's that will be cut down to nothing for these so call "Larry Hubs"

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Post ID: @1nsr+XJrCNIk

Get rid or cut down the higher ups that make the most. Get rid of the DAPLs with their useless Health assessments and pulse checks. Start closing non profitable stores. Start closing down stores earlier. Ex, close at 9 instead of 10. Midnight stores, close at 10, etc. That would be a start.

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Post ID: @1ccw+XJrCNIk

Interesting lol I’m a newer manager in CA and I can feel the pressure. I almost feel like I’m being unofficially asked to work overtime for free. I’m an hourly manager at 35 an hour. DL want me at 45 hours a week period. My store front store does 75k a week at 260 hours and my pharmacy does 1400 scripts a week. The work load is impossible with me working 45.

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Post ID: @tup+XJrCNIk

Thank God I’m an id--t worker bee! Used to be a manager but stepped down a few years back. When I was a manager I had money but no time. Now I have time but no money! But I’m happier.

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Post ID: @ijd+XJrCNIk

Ok, first off company was ALREADY gonna cut costs because of $750 million in debt, due to merger, and they wanted that debt paid down by 2020. In fact cvs said there would be synergies with this merger and NOT revenue synergies which hints at personnel cuts/reductions. So that’s point #1. Now point #2... look at what just happened with 2018Q4/2019guidance... company financial health a little fuzzy, and now 2019 officially being called a “transition” year. And our CEO hints at MORE/additional cost cuts! These would be on top of the 750 mil cuts already planned. Do the math... payroll is always the biggest expense and the first place companies look to reduce costs. Now the question is where/when these expense cuts will happen and to whom will they happen? That’s the $64,000 question of the day!

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Post ID: @gwe+XJrCNIk

Details please?

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Post ID: @hnv+XJrCNIk

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