As of right now the only people who have seen the confirmed layoff lists are Sr. VPs and they all had to sign NDAs. Starting Monday at a set time, the Sr. VPs will notify the Executive Directors beneath them that are being let go. After that the... — read more 

The 5000 mentioned just includes the FTE. Contractors, vendors etc laid off will be additional collateral damage. All contracts are "at will." This is a fact.

My next 1:1 is on Tuesday, 8/15, and it was moved from 11am to 2pm—although my manager always shifts the times around for these, and they always fall on Tuesdays, my nerves are still up the roof as you can probably imagine. Any weird movement is... — read more 

Will any Directors be effected in the dental and or vision organization?

5 years at the healm and the stock is pretty much flat on the heals of multiple ridiculously overpriced acquisitions of unprofitable companies, absolute cr-p leadership and even worse culture, and overall zero vision for what the company can or... — read more 

Makes you wonder what's really going on behind the scenes.

Does anyone know if 5000 job cuts include new acquisitions Oakstreet Health.

Beneath fluorescent lights so cold, A tale of sorrow starts to unfold, In hushed corridors and empty halls, Resounds the echo of dire walls. Company layoffs, a silent storm, Swiftly stealing livelihoods worn, Once hopeful hearts now heavy... — read more 

Anyone know if Omnicare will be included especially since we just did a mass layoff?

Last week it was “we’re getting rid off 5k employees but you’ll have to wait to see who” and now today it’s “well we now want permanent WFH peopl transitioning to hybrid by sept 5th even though we hold you not to worry about hybrid months ago” CVS... — read more 

Does anyone else believe that it's time for CVS Health employees to start a union so that we could actually have a say in our working conditions for both laymen and professionals?

Anything on PBM finance?

Has anyone heard what roles in digital will be affected?

Digital Retail has heard layoffs will likely roll-out on 8/14 and 8/15. With severance compliance, most companies ask people to work 2 weeks to wrap things up. That means the last day would be 9/1, which aligns well with corporate's return to office... — read more 

Does anyone know how will we be notified. If you’re a work from home employee? Also- has anyone heard anything about the Minute Clinic corporate positions?

Karen's exceptional leadership as our CEO continues to inspire and drive our organization to new heights. Her unwavering dedication to fostering a collaborative and innovative environment has not only boosted employee morale but has also led to... — read more 

If I’m on the chopping block next week but I’m on PTO, would they tell me today or wait until I’m back?

Layoffs will happen on the 14th & 15th my good sources are telling me…

Don't be so sure if you're laying someone off it's not going to be turned around and then done to you

I know that these are hard times for all, including myself, but we all need to keep our heads straight and heed to our core values. Keep your focus on the customer. They are the ones that ultimately provide us with a paycheck. If we can please our... — read more 

Everyone speculated that because everyone had to be out by 4 in RI that something was happening - Obviously nothing did!!! So a word - stop scaring people. Why post on here -does anyone know if X will be impacted - NO ONE KNOWS!

Anyone else attend the training today?

Aetna side commenting here. We were informed CSO will be impacted too. Even though they had originally said no customer facing positions would be impacted. We should know by the end of the month. 3 more weeks is a long time for all the suspense they... — read more 

I just want to say that I’m really impressed by the leadership of Karen. She has to make tough decisions for the good of the company, and this decision really exemplifies her boldness and toughness. After this brief storm passes, I think CVS really... — read more 

Thinking about what got us to these layoffs The Star Rating decrease and loss of $1 billion in the coming future (no impact this quarter) Cost of insurance rising again as more people return to normal care; when COVID began lots of people stopped... — read more 

will Meritain be effected in this?

If you look at the net income and net profit margin, they shrunk heavily last quarter. I guess it's not a good idea to cut 5k positions to pay dividends to the investors. AND Fat bonus checks to top executives.

I am getting stressed over this. I would rather get some % salary reduction instead of this madness.

I gave birth 3 weeks ago, and currently on my maternity leave. Am I safe?

Any validity about a lot of these layoffs are going to include VP, directors, high paying employees? Kind of nervous because I'm in that bracket and it sounds like if Karen is only getting rid of 5K people and wants to hit that 500 million Target a... — read more 

Big VP visit in Lenexa on Tuesday and HR was there too. They had round table discussions with front end and backend but no news yet.