Does that mean better and more peaceful times are in front of us, or will that start a new wave of shifting the business, which will claim it’s victims in the form of layoffs?
6 replies (most recent on top)
Leave, do not waste another minute with this Frankenstein company.
Merle's Thernos experiment has already failed, can keep telling yourself that HUB's will the answer.
Its finally all transparent, employees really know or should know, they are being used and abused, desperate with no self esteem.
Customers... the fact that 85% have or will have a bad experience due to all the cost cutting for this merger would never go to CVS for healthcare. Honestly would you take your child to a place that has boasts, Health is CVS?
Now transparent to your money makers and they are going elsewhere.
HUB's will be big topic for professors when discussion of how not to run a huge corporation into the ground, dirt, filth just like the inside of stores. BTW, who does clean and sterilize existing HUBs? Hopefully not old SM, sometimes someone would smear feces in bathroom, he would use mop to push down floor drain, smell lingered for weeks. While in warehouse smelled p--p, realized it was same mop head, which he was cross contaminating throughout the store, I ordered new one, he went in and removed it, saved some money.
Already prepped for cuts in 2020, how will that affect patient care?
I think many are hoping for a rejection. These Corp greedy schmucks don't care about any of us or our family's. Start getting a plan b in place folks!
Sweet 2-3 year temp job sounds good. Cvs retail is gonna change. The worst is yet to come. Start looking for new work. I went construction, good pay, benefits are unreal, plus two pensions. Not saying that’s the correct route to go, just saying there’s other choices if you look. Cvs is trash, let them crash and burn.
The last comment is correct, and what he said was relax at store level. No impact regardless for next 24-36 months. Do your job and let corp do theirs . Be glad if your not part of the transition.
Take it from someone in the know. Store level labor is not being driven by Aetna. Costs associated with the merger are budgeted accordingly and built into earnings which were less.
Pharmacy margins are much lower than last year and continue to see pressure in stores driving efficiencies( lower payroll hours)
Earnings and cash flow are not the same thing. We will have the cash flow to pay down debt by reducing inventory, selling off owned properties and leasing them back etc etc.
Stores will see: There will be more HUB stores that change certain stores and there will be more patient care activities. That is what will change in stores.
The rest of the commentary is incorrect opinion.
I think either way this merger goes, approval or rejection, the stores are going to feel pain. Pain because we gotta cut costs because the merger got approved and now we gotta pay off the Aetna debt, or pain because we gotta cut costs because the merger got rejected, and things are going south.
For what it’s worth, I personally think this merger will be rejected by Judge Leon. But only time will tell.