I hope this isn’t true but I just heard that they are limiting the number of hours an employee can work based on their pay. So for example, if you get paid $20/hr you can’t work more than 35 hours a week and if you get paid $15/hr you can’t work more... — read more
Empty stores
Every store I go into is empty. Product level low and no employees and no customers! Your company is in trouble , don’t fart on me and tell me it was the wind. I remember your days of glory and I could not wait to shop there! Those days are long... — read more
OK, we got it
The same supposedly anonymous poster has posted all these threads, enough already! Here’s a “what if” article on the potential failed merger... Amazon slowly eating away at cvs... Can the delay of the merger produce layoff? Human Rights policy, in... — read more
Here’s a “what if” article on the potential failed merger...
https://apple.news/AOZp9YTs7R8uD5lbMZ11vPg If this fails...
Amazon slowly eating away at cvs...
https://apple.news/AteDPad62T_2qcDXxcZcC4w Cvs just can’t compete with Amazon as they can pretty much do everything cheaper than cvs.
Can the delay of the merger produce layoff?
Seems to me like a sensible question,given the current situation. A lot of money has been put into this and obviously the halt in the whole process is burning money, as we speak. Is that situation going to escalate to a point that they will need to... — read more
Here in the front lines this uncertainty is killing us
I for one cannot embrace this culture of uncertainty... Let's say I've been with the "company " for YEARS and have seen many charges happen. However, this morphing is different don't think this company knows what it wants to be, how to integrate it... — read more
When the business model changes are more stores going to be in jeopardy of closing?
Just thinking out loud, but when the business model changes some stores that used to be safe are bound to turn out unprofitable after the shifts. How big is the possibility that there will be a wave of store closures after all this is over and Aetna... — read more
Coupons!
So the coupon policy states not to take expired coupons and coupons need to be printed (we can’t scan a barcode on the phone), my DL says to take every coupon (price modify for expired coupons and scan coupon barcodes on a customers phone), and my AP... — read more
Judge orders ANOTHER court hearing on merger, in May, wants to hear from critics of merger...
So the judge continues the CVS-Aetna merger court saga. At a hearing today Judge Leon said he wants to hear from critics of the merger in May, during a hearing that could last a week! All this BEFORE he makes a final decision. This article I am... — read more
Insurance
How about our health insurance prices going up? Cvs calls themselves a leader in healthcare but cant figure out how to give the employees a deal on the best healthcare. Mine went up 800$ for the year
Tomorrow 4/5/19 is next court hearing on CVS-Aetna merger...
So tomorrow is the next court hearing on the merger. It’ll be interesting to see how this turns out! Any thoughts on which way the judge might rule? An article I read said people are unsure how far the judge could take this.
Wall Street DOES impact your job
Anyone who doesn't think Wall Street has an impact on your job, doesn't know wall street. Companies release financial results. If those results are below what wall street was expecting, or if there worse than expected, wall street and investors are... — read more
Colleague Availability
What is the policy regarding availability? Can a store manager force an employee to work outside of their availability? The colleague’s availability is approved/set in myschedule.
What if the front end is reduced by 35-50%?
Sure, it may never be gone for good. Why stick around and find out? What if the front end is reduced by 35-50%? How much payroll, and how much would they want to pay managers? 10 years from now the job will be different, borderline unrecognizable... — read more
Wow, the retail apocalypse is possibly on the horizon for d--gstores too.
VERY interesting read for ALL retail pharmacy employees, both FS and RX! https://www.bloomberg.com/opinion/articles/2019-04-02/walgreens-earnings-retail-apocalypse-now-threatens-d--g-stores
Retail pharmacy stocks go way down today...
So today 4/2/19, CVS, rite aid, and walgreens, all hit 52 week lows, either intraday or closing. Cvs getting close to the 40’s again, rite aid is at 57 cents, and walgreens was down MORE than 12%!!! Anyone who thinks that “everything will be fine”... — read more
Congratulations your number 1 , no body worse
Recent poll by career builder and rotten tomatoes have you listed as the worst company in the United States to work for. DG was second. You beat wmart and Family $ as well . You are the worse! Integrity in leadership last in the nation,
As of 4/1/2019..
either it is a April fools joke, or the Company is finally beginning to realize that, with the reduction in hours, the FS's time is limited, so they proposed that we open, and close, on Pharmacy hours, plus, we go to less Ad signing , meaning that... — read more
Front store isn’t going anywhere
Shrinking at some point? Possibly, but never going away. When someone doesn’t feel good, but doesn’t want to go to the dr(happens all the time) they are never going to wait 2 days for their NyQuil in the mail. OTC Medicine means there will always be... — read more
Higher ups...
What really irks me is all the higher ups (DL, LP/AP, Regional Director, AVP, etc.) who come in to our stores and do nothing but crab at us and bark orders, but don’t lift a finger to help, as if actual work is beneath them! And people wonder why... — read more
Scrip visibility
At store level you no longer have visibility to weekly or daily script count . Why would that happen? PIC or SM. It Has been removed from KMI.
What if sinking ship debt ratio
I read these posts then someone wasting their breath trying to explain stock price or debt ratio to someone who clearly has no clue. All clueless people please just stop speculating about things you know nothing about Good night
It's So Funny...
..to watch a RVP, come into your store for a visit, no background in Pharmacy, and then totally "salivate" over the existing Pharmacy, totally ignoring the Front Store Manager. Absolutely hilarious.
The culture of uncertainty
I thought that this situation with constant changes and workers being kept in the dark regarding what the leadership plans to do was a temporary situation evoked by the Aetna acquisition. However, the more time passes by, the more I get that one... — read more
This is what's happening...
We're not being told the truth by corporate. I think CVS is in a lot worse shape than we are led to believe. Think of CVS as a ship. Right now our ship is badly damaged. I won't say we're the titanic just yet, but here we are, damaged and taking on... — read more
Someone mentioned Debt to Equity
Read this chart and post what you see. We shouldn’t wonder why our stock is trading where it is. Lay-offs should be the least of our discussions here. The whole thing is coming down people... — read more
Here we go
Same district in the Atlanta market. Pharmacists and store managers and leaving in succession. It's amazing how one individual with the poorest communication skills and basic people skills can continue to run a district. This is someone to afraid to... — read more
Debt to equity - like having a house worth
200,000 and you owe 400,000!!!!
Cvs current total DEBT 138.2 billion!!
Now that you are saddled with that debt, we are being squeezed by the government over prices , this erodes our margins. Losing to competition-- Amazon pill pack- the group insurance health care company that JP Morgan - Amazon and Berkshire put... — read more
CVS to lose 15 to 20 billion to Centene
Buyout of WellCare- centene will be moving all WellCare to there in house pbm and away from CVS!! More bad news-- more layoffs coming!
Getting rid of your most experienced people is always a bad idea
I know of several long time employees, and these ones are seasoned, experienced, and know their way around the store. Getting rid of your most experienced people, the ones who know your business the best, is always a bad idea. Why? Because who do you... — read more
Green Sheets VS Demand!
Why does my Green sheets show that I get more hours than what my Demand gives me? Than when I look at my PNL it shows that I’m under in payroll. I always schedule to demand. I’ve always heard that the DL’S Are the ones who plug in your Demand. Is... — read more
Cutting the hours is a sign that they will thin the headcount ?
At least for me that is the message. Cutting the hour for long time workers is telling us that we are disposable. Why else would they do that, given that there is always the same amount of store hours that needs to be filled and it cost them the same... — read more
Manager messing with my payroll.
So, I just found out that for the last 3 years my manager has been taking 30 min lunch breaks out of my pay every single shift. I don’t take a 30 min lunch breaks and I only work 4hr shifts. Any suggestions on how to handle this?
This is the TRUTH!!
https://www.fool.com/retirement/2019/03/24/dont-judge-cvs-health-by-its-stores.aspx
Cutting hours WILL be the downfall of CVS!
Cutting hours WILL be the downfall of CVS! And that INCLUDES the pharmacy! And yes you can cut hours to the point of no return and the company fails. Much like a ship taking on too much water and before the captain realizes it you’re sinking fast! In... — read more
Wall Street and the big what if...
Glassdoor is one THE leading employee review sites around. On Glassdoor, cvs has consistently gotten very low ratings. Cvs is in the top 20 worst companies to work for. Our ceo currently has a failing grade on Glassdoor as most employees have an... — read more
Cutting Hours, The Breakdown...
Saves company money Makes for good quartly report, pleases the stockholders, shares rise Negatives: This will/has backfired. Customer & employee satisfaction at all time low Customer service and safety for patient is our concern Mistakes are being... — read more
Week of March 25 - makes sense if there are mass layoffs, this is the week, and here's why
So if there will be big layoffs at CVS (not sure about Aetna), I can see it being the week of March 25. Why? Warn notices are typically 60 days notice and that 60 days if done next week would be before the beginning of the next fiscal year June 2019... — read more