Thread regarding Walmart Pharmacy layoffs

Walmart Pharmacy Layoffs Summary

Coming directly from my old mentor who has been a staff for over 6 years, a good friend who's been a RXM for 3 and staff for 2, and one of their DMs:

  • Over 500+ RPh fired nationwide (Float, staff, PICs, whoever it is above PICs, etc)

  • Over 1K pharmacy staff overall (including techs) fired

  • Mainly people who have been with the company for many years and are now getting paid 'too much'

  • Pharmacy departments have been losing increasing amounts of money, OTC departments have been keeping most pharmacies afloat bringing in over $50k/month

  • Corporate is looking to hire new grads for much less pay (some have already confirmed $30-35/hr in Texas and Florida) to 'balance out' their losses

  • WM is looking to eventually, in the near future, get rid of their retail pharmacy model and implement a revamped version. They're trying to put in clinics at most/all locations where you can go for PCP visits, urgent care, dental, opto, etc. Pharmacy will be more focused on MTM, or so they say.

  • More drastic changes to come, but no one really knows what as corporate is working in secrecy with little transparency.

I don't nor have I ever worked for WM, this is all info from my friends who were/are still in the company. Two of whom were just let go day before yesterday.

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Good post

Thanks

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