Those within driving distance of Hartford or Woonsocket should be grateful they have the opportunity to connect and network with fellow colleagues. And, if you’re fortunate enough to work in the same location as your manager and don’t take advantage... — read more
I honestly don’t understand the point of RTO
Unless, ofc, it’s just to make us leave the company on our own. It doesn’t reduce the cost to anyone, just increases the costs for employees. It doesn’t improve personal performance or the overall efficiency. So what is it if not the stealthy cheap... — read more
Fear not. Amy gets paid in full
Despite having an obvious and well understood non-compete with Cigna, CVS attempted to poach Amy B's talents by agreeing to pay her full and very handsome $10M salary for 2 full years, even if no work is performed. Oh well, see you in January 2025... — read more
3 day hybrid
Everybody ready to go back in the office 3x a week?
Are there layoffs coming for Aetna Analytics?
Is there going to downsizing in Aetna analytics (actuarial, STARS, MEU, informatics, etc)? I like my job and my boss, so I would rather not leave unless it is to avoid being downsized
Toxic Culture is here to stay
Everyone, once you get out and land at another company, you will realize how bad it really is/was at CVS. Especially if you are an IT employee. We have had it bad working for these toxic clowns. In my 10 years we had, Gold, Roshan, Tilak... we... — read more
Healthcare insurance companies are cash cows, and they are financially stable even in market volatilities
Healthcare insurance companies are cash cows, and they are financially stable even in market volatilities. healthcare insurance companies often exhibit financial stability and resilience. Let’s explore more: Predictable Demand: Healthcare... — read more
CVS is a disgusting company for doing this...
https://www.reddit.com/r/CVS/comments/1d4lzba/fired_after_15_years_over_a_pedo/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button
Actually everything is going to work out
Signify Health will be a thriving multi payor home health company. Oak Street will be a thriving multi payor value based care provider. Aetna will grow and make margin. Caremark will be so transparent everyone will love them. The front stores will be... — read more
Remaining IT staff is training Accenture to do their jobs. Hope they have a good severance when they are done
Remaining IT staff have been pooled into groups, no longer build/run, all one group, and they are all training Accenture to do their jobs. Many of them think they will still have jobs after the training is done and Accenture takes over :/ I hope... — read more
Should we be concerned with the stock price?
Stock in 50s.. last year they did layoffs when it was like 70. Why did it drop so much? More acquisitions or losses?
And it's starting again all over again..
The Layoffs
falling stock and investors
falling stock and we need investors to put money in oak street stock will be back to 100 soon!
layoff in AB&C
on h1b visa from ABC org, told by immigration lawyer that perm process is halted in anticipation of layoff in the coming months(was told last year that perm shall restart in june / july in 2024 after last year's layoff). No perm can be filed if... — read more
stop spreading rumors
Only if you know of confirmed layoffs, please update, position , and location. I've not heard of any layoffs so far in 2024,
Cut the dividend
Dear big wigs, haven’t you gone to B school? Cut the dividend. It adds no value and we need the cash. If you want to return money to shareholders, buy stock
Oak Street
CVS is seeking a partner to fund Oak Street. To quote Warren Buffett: A Great Business you fund once and it feeds you for 100 years. A terrible business needs infusions of capital continuously. Wall Street won’t buy the layoffs next quarter. There... — read more
We need long-term solutions
This is a typical knee-jerk reaction by CVS. Always looking for a quick short-term solution to every problem. Except all that does is cause more problems. Laying people off and cutting hours at the store level to make up for a bad financial quarter... — read more
too much money
what are they gonna do with the billions ? distribute it to all employees?
remote and fun
Will it continue to be remote and fun for Senior people on East coast? We moved from Aetna to CVS, 6 figures..
CHRO is a poor performer!
CHRO is not an advocate for us employees or a good partner with the executive team. She also bad mouths' the CEO to other employees, says karen is not up to the job
I’m being let go right now
I’m being let go right now. Remote software engineer in Hyderabad. Graduated top of my class from IIT Punducherry. Spend most of my day watching Kannum Kannum Kollaiyadithaal
August 2024/7k eliminated
Mid August 2024 @7k will be eliminated. Aetna folks first.
It's time to reduce Front Store hours of operation.
If corporate really is serious about wanting to cut costs, then reducing FS HOO is the way. Time for the front store to have mirror hours with the pharmacy. The first quarter numbers were very bad, so corporate cuts hours to compensate, yet keeps... — read more
Well Market Prunes
It looks like Karen and the Board need some Good Old Fashioned Well Market Prunes. Nothing like Prunes when the Margin on all of those declining businesses is dropping. The theme is prunes. Karen sees herself as an innovator. CMS rates are tight. No... — read more
The grass is greener on the other side
Laid off in August last year, found a contract gig almost immediately. Started full time a couple months ago with better pay and better title. The grass is indeed greener on the other side, my only suggestion would be to apply now and get out before... — read more
State of Kansas dumps CVS. The hits just keep on coming as CVS loses another Medicare contract.
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.healthcaredive.com/news/kansas-medicaid-awards-unitedhealth-centene-elevance-cvs/716151/&ved=2ahUKEwjigbfE_JGGAxWrrYkEHa2nAJwQFnoECBoQAQ&usg=AOvVaw1dNnrB0mQHxwOc19LPcv3u
Return to work
Has anyone heard on upcoming updates and why do they keep waiting. Will there be some sort of enforcement coming.
Network Strategy Town Hall
not starting off very encouraging.. dust off dat resume...
Senior Software Engineers Remote
Was told we are safe, and business as usual. Theyll catch up and will be back with a bang!
Last paycheck missing hours
So I heard a lot of people left go were missing hours in their last real check!? It’s been a month and I still have had no call back on my ticket and no check mailed for the missing hours. Anyone else?
Margin! Margin! Margin!
Margin! Margin! Margin! Margin over people! Margin over benefits! Margin over markets! Margin over butter! Margin for everyone!
All Ee's and Investors should Listen to the CVS / Bank of America 2024 Healthcare Conference
https://investors.cvshealth.com/investors/events-and-presentations/event-details/2024/Bank-of-America-2024-Healthcare-Conference-2024-bdhu51r6Fl/default.aspx
Why does the little guy at the bottom always have to suffer?
The people in the C-suite, the supposedly smart, college educated, business savvy executives running this company, are clearly asleep at the wheel. They didn't see this Medicare Advantage stuff coming? And yet by the end of the year the head... — read more
Former Omnicare Driver
Really did like this delivery gig while it lasted. What other companies have drivers delivering prescriptions to nursing homes and assisted living residents?
Who’s hiring?
Anyone got any leads on who in the industry is hiring?
Updated MIP bonus
Can anyone explain what the MIP bonus email is about from today? What's the change?
Now they’re starting a Bond Sale??
So after the stock price plummeted, they’re announcing that they’re putting $5 Billion in bonds up for sale for people to buy? Who in their right mind would just hand CVS cash to keep for 30 years and get 1.5% return?? This seems like a new low, but... — read more
Lol..
https://www.amazon.com/s?k=mouse+mover+device+undetectable&crid=1FAD9W9JMM0QN&sprefix=mouse+move%2Caps%2C215&ref=nb_sb_ss_ts-doa-p_2_10