I urge all employees to start using all PTO do not bank any if walgreens files for bankruptcy you won't get paid for any of it
Walgreens is a plane crashing with both engines on fire 🔥 please plp jump out ,walgreens has no chance of survival
9 replies (most recent on top)
Take your pto before it disappears during bankruptcy!
@de Yes, Walgreens was broken up into several independent entities and although the $9 billion could be used as Sycamore sees fit, I did forget about Pessina so it's unlikely that much if any of the proceeds from the Boots sale will be invested in Walgreens or any other former parts of Walgreens.
Yall don’t understand WBA was broken up into 6 different companies that run independently. The sale of boots has zero impact on Walgreens now.
Tis only lines the pockets of Sycamore and Stefano Pessina
@cg You seem to have a lot of interest in Walgreens. I can work from home and collect a paycheck. That's it. I'm pretty detached from the job otherwise.
@by if you say you can retire anytime, then why not retire. Why put up with it. I hear year after year so many can retire....but stay. Whatever.
@bx I can quit/retire any time so I'll stomach it for now. It gives me something to do. Not worth starting someplace else.
@b0 You hate working for Walgreens yet stay working for them... That is a little wacko isn't it. Is it all you can get? DO yourself better and get out. But you re like most of them....never will go till they let you go. Not a way of life to live.
Regarding my earlier post about the $9 billion sale of Boots, I would expect a good portion of the proceeds to be paid out as a "dividend" to investors. Sycamore is not concerned about the long-term prospects for Walgreens. It's priority is extracting as much value as possible but the Boots sale can only help Walgreen's financial position for the present.
@OP As much as I hate working for Walgreens and couldn't care less about whether the company crashes and burns, I don't see it going under just yet. Maybe a slow erosion. Yes, the debt load is enormous but the recently announced $9 billion sale of Boots should be a shot in the arm and help keep Walgreens afloat for a bit longer.