Just got an email for a company Town Hall tomorrow. Get your popcorn ready!

Sad that's it's become this, but did anyone else get up this morning to see how bad the news was and to see how far the stock price was going to crash? Only hoping for the worst because you hate CVS? I'm disappointed the stock is only down 60... — read more 

Honest question. Now that Brian and some others are out (good thing). What should Karen do to turn things around? How do you get moral back?

They should come out now and announce bonus will be zero...let those who were thinking of leaving go. Going to be an exodus

Not as we hoped for more upper management to be bounced out....including Karen. Doubt much will change.

There are previously posts saying the layoff is coming at 8/7, good news is that prediction is wrong. bad news is that it will come later and will last longer. So instead of anxiety on one day, anxiety will last for three YEARS, I start to feel the... — read more 

Q2 more or less in line with expectations but down from last yr. Full guidance down. Changes to HCB leadership mentioned. https://www.sec.gov/ix?doc=/Archives/edgar/data/0000064803/000006480324000028/cvs-20240807.htm

Missed on Q2 earnings Brian Kane out, Karen/Tom overseeing Aetna, multi-year plan to cut $2B. The ship is freaking sinking. Unbelievable.

Yesterday, my director returned from her Cancun vacation and delivered an extremely harsh “NASTIEST” mid-year review. She didn’t even offer me the manager’s rating and mentioned that the department VP recommended eliminating my position in PA. .. — read more 

Has there been any RTO metrics posted?

https://digiday.com/marketing/x-files-federal-antitrust-suit-against-garm-wfa-cvs-health-mars-orsted-unilever/ Wonder who’s gonna win this lawsuit… CVS is going to go bankrupt just from all the fraudulent bullsh-t they’ve been trying to pull. Would... — read more 

Instead of cuts, cuts, cuts. Cuts and closures without any strategy, just cuts by numbers. Anyone knowing basic math can do that. Why are leadership and mgmt getting completely out of proportion pay for something a 6th grader can do? It’s such a... — read more 

No buybacks for the rest of the year because they exhausted the funds buying shares 30% higher than where they're trading today...d-mb d-mb d-mb

A friend in Comms tipped me off that an “efficiency” email from the desk of Karen Ly--h is scheduled to go out tomorrow AM. Good luck to all.

CVS Minute Clinic will lay off all of their CNA/PCA’s as of Aug 31 due to the job role not being “efficient” as they are transitioning to “oak health” primary care. Which was very much insulting to us that do have a CNA license because it was... — read more 

Me and my family and friends plan to boycott CVS and pharmacy. Also canceling our aetna insurances too! I’m sure my friends of friends feel that way too! Pretending they didn’t know they was doing a lay off! No heads up! Imagine every person who got... — read more 

Whoever has any info, pls let us know.

Earnings are going to brutal, and they're trying to get ahead of that with aggressive moves. Unfortunately, they waited too long to announce. Market is in turmoil, and what would be seen as positive in an up market will be seen negatively in this... — read more 

Action Time.

Hard to run a company for the future with no investment.

My supervisor told me a big layoff is coming and the product that I support is decommissioning soon. Therefore, don’t be surprised if I call for a meeting with HRBP to discuss the Exit. I was told it could happen between August 19th to Late November... — read more 

Is it the same/better/worse than CVS? I got an offer, but I don't want to go into a worse situation than we have here.

Had a call with my VP today and she addressed the rumors of layoffs. She said to prepare for major shakeups next week among top brass (SVP and up) and confirmed there are NO pending layoffs to our team. She was very candid and said she anticipates... — read more 

One month in, I’m curious if any management levels have heard what the early results of the work one policy have been? Have people been complying so far? And how does that compliance rate compare to what they expected to see… The more interesting... — read more 

Just saw the announcement that the DDAT Referral Bonus Program will be re-starting August 1st. Cash awards of either $3500 or $5000 depending on job grade. So if you really love CVS you can come back, and perhaps even split the extra cash with a... — read more 

Both have earnings falling off a cliff, uncompetitive offerings that no one wants, and trash CEOs with horribly incompetent leadership who have collapsed their stock values and destroyed $50B+ in value each... hate to say it, but that 15K layoff... — read more 

That’s what this CVS one will look like next week.

I’m new to CVS, and I saw people here saying that that’s how it was done before. I barely started working and I’m already stressed about losing a job. Do they go for newbies when laying off people, or there’s no particular rule? I need the job badly... — read more 

I did not hear any, work as usual

Lots of news in the last two weeks, just saw the PBM execs getting grilled by congress. Anyone else think David Joyner did a particularly poor job? It’s like you could tell his contempt for all the questions. At least try to make peace

If you are on this layoff site for the first time please know: Not all of the posts are about layoffs. For some reason some people think this is just a free-for-all about anything if you work for CVS. Unfortunately there are a lot of trolls... — read more 

I work for Aetna, and it just seems like I am treading water lately. I.e. there is no direction, projects seems stalled. When I try to start something my boss just says “let’s hold on that for now.” or has another excuse. Is anyone else feeling this... — read more 

https://www.morningstar.com/news/globe-newswire/9195363/cvs-health-corporation-class-action-the-gross-law-firm-reminds-cvs-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-september-10-2024-cvs

cvs is number 1 pharmacy, and Aetna is the top health insurance. So we will get some good numbers on Aug 2, we have a lot of open reqs on our team.

Then they make you work even harder with hiring freezes. Finally they lay you off in spite of all your servility. Anyways, how is everyone feeling about MIP payout?

The guy su-ks but nothing out of the norm than other VPs. Seeing so many TCS contractors and sr managers spreading rumors daily

safe, remote retail engineers under a new SVP called Tony, so party hard.

Is Am@r3** out? Haven't seen him online off late. Is there any risk for digital? Why it feels like Aug 2023 again?

They are coming from all sides. I can’t say if any of that is true. Anyone know anything for sure?