Thread regarding Walgreens layoffs

What’s with the RVP postings on LinkedIn - where are they all going? Ours just disappeared I’m in R2, people keep quitting, a bunch of new unqualified DMs….I find the whole situation mind boggling…

Reasons for Store Managers Leaving Walgreens
Challenging Working Conditions
Increased Workload: Store managers are facing higher demands without corresponding support.
Pressure: There is significant pressure to meet unrealistic goals and standards.
Inadequate Compensation
Pay Discrepancies: Many managers feel their salaries do not reflect the responsibilities of their roles.
Bonus Dependency: Managers are reportedly waiting for bonus payouts before resigning, suggesting financial incentives are a key factor in their decision to stay temporarily.
Deteriorating Work Environment
Micromanagement: A culture of micromanagement has led to dissatisfaction among managers.
Hostile Culture: Reports indicate a negative work environment that contributes to high turnover rates.
Impact of Bonuses on Turnover
Many store managers are timing their resignations around bonus periods, indicating that the promise of bonuses influences their decision to remain in their positions temporarily.

I once loved my job as a store manager! I was always on top of my game, my store was always CNO, my team were engaged, and sales and profit were great! Then I looked at my miserly paycheck and decided that Walgreens no longer deserved this highly engaged store manager! I honestly feel bad for all the managers who are stuck at Sycamore for whatever reason!

What a terrible company to work for! All the employees are miserable! What kind of organization is this? Does Sycamore not care? Unbelievable!

@jm Don't blame you! Never feel insecure about quitting! Think of it a an opportunity to find something better! Walgreens is not a good place to work anymore!

Lord willing, I feel I have a good lead on a new opportunity. I’m done when the bonus is paid. 9 box, tier 4, many years experience. Gone. Won’t do this anymore.

I wonder why CVS managers are paid hourly and Walgreens managers are salary? Could it be so Walgreens can work managers as much as they want and not pay OT?

@e2 The DM's job is worse than the SM position!

@d1 So true. DM feels like the worst position to be right now. Being forced to hold stores to unobtainable goals and standards with the current labor model and technology. I got into this to support stores and develop talent, instead everything is about chasing exceptions and holding everyone accountable to unrealistic expectations. Wish I would have been offered the severance in February.

@aj The best store managers are already quitting! Great job Sycamore!

@bz The DM position is worse than the store manager position, believe me!

Got that right. Talent and Walgreens DM's and SM's just do hand in hand. They hire and promote almost anyone don't they. It's the truth, you can say what you want, but I wouldn't hire most of them to be a cashier, seriously.

Sycamore doesn't understand the extreme lack of a talent pipeline for the store manager position.

They lost trust of managers by changing rules in the middle of the fiscal, amongst many other disengaging changes.

If Sycamore delays the bonus payout even 1 day later than last year, you will see what happens when the last remaining managers with talent and sense are convinced they're being toyed with.

The worst enemy you can have is a friend scorned.