It doesn’t matter whether CVS is doing good or bad.
Tariffs? Prices have to go up? We’ll just do more layoffs.
Great profits? Let’s trim some fat so there’s more money for C-suite.
Debts due to bad strategy and even worse management? We’ll just do some more cuts.
C-suite needs some cushion money, or I don’t know, new houses or something? We’ll just kick more people to the curb.
For as long as the leadership and shareholders are happy, nothing else matters.
Don’t forget the Preventative care surcharge—?!
There's still changes coming. Any one laid off should be growing their network on linkedin. Those of us in IT related to the HCB do try to help each other out even if it's liking posts of other companies, recruiters, etc.
It doesn't land a job but it may open roads.
The economy is about to crash as it is.
It's not just C suite. It's also greedy investors. They're the ones who pressured the company to layoff the large group I got RIF'd with in Q4 2024. I'm still looking for a job. Those faceless effers are really the ones I'd like to personally flip off.
This is why you take a high paying manufacturing job once those factories start opening up that companies have already started building in response to the tariffs.
Nippon Steel is investing 14.1 billion in US manufacturing.
Hussain Sajwani 20 billion. Apple 500 billion, Stargate 500 billion, Taiwan Semiconductor 100 billion, GE Aerospace 1 billion, Merck 1 billion, EU Lilly 27 billion, CMA CGM Group 20 billion, Johnson/Johnson 55 billion, Softbank/OpenAI/Oracle 100 billion, Nvidia 100 billion, Hyundai 20 billion.
Automate?
This company relies on external software vendors.
This company uses File storage systems disguised as IT to drive business.
Excel macros are not automation. The provider DB is ancient.
The AI Armageddon is not coming here anytime soon when external systems still runing on systems from the 90s.
Don't look now but internal teams are being put together to automate your job. Don't fight the inevitable.
I mean we could buy up all the stock and take things private..but yea ain't nobody going to do that.
They fired the CFO last night. Doesn't give me warm fuzzies. New guy is from UPS. Say what now?
The C suite is gonna C suite. They are an out of touch rah rah people taking cues from the Mu--olini playbook,
Any EDs or Directors on the block? They are the ones who kowtowed to the layoff debacles while hiring based on kickbacks while abusing their staff.
You have leadership to thank for consultant kickbacks.
Buying million dollar homes and taking in cushy suburbs is not a good financial decision during inflation or a recession (2008 anyone).
And they post this publicly on social media to boot!
And these are the folks making decisions...
Do people not know their history anymore?
Let them eat cake
1930s Great Depression
Mid 1800s
It's all right there. Open your 👀
You forgot, when they need more money they will just implement surcharges on their employees, the worst of which is charging us for something as simple as insuring a spouse!
Or keeping 70% of our bonuses.
With access to our paychecks, they can take whatever they want when they need more money to pay for their luxuries.