Thread regarding CVS layoffs

Important Business Update meeting

My boss’s boss (2 levels up from me) has her calendar public, and I saw that she had a meeting this morning entitled “Important Business Update” on their calendar. I was not on the meeting, and I don’t know who else was. Does that mean they could be laid off? Or someone on our team is laid off?

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| 5652 views | | 18 replies (last August 14, 2023) | Reply
Post ID: @OP+1o6PoTcT

18 replies (most recent on top)

Do you regularly have 1:1s ? We do.

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Post ID: @kmw+1o6PoTcT

I’m in workforce management and no word on anyone from our team yet

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Post ID: @qtv+1o6PoTcT

Another 2 more from HCB transformations, an Executive Director and a Lead Director.

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Post ID: @niq+1o6PoTcT

Honestly I don't think there's any sure way to know. You might have an "Important Business Update" meeting to tell you you're being let go, and others might also have an "Important Business Update" meeting to tell them they are safe (for now).

And then again, tomorrow, they may have another meeting and say "oh, sorry, they made some last minute changes and we're going to have to let you go, too".

There's nothing set in stone. And there's probably 100's of departments being effected so there may be 100 different ways of doing it. Some people might get a 1:1 with their boss or higher up, and others might get notified at a meeting with multiple coworkers who are all getting let go.

Don't assume anything.

The whole way they went about this was awful. They couldn't have picked a worse way to do go about it. It's like they wanted to create as much stress as possible.

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Post ID: @ocq+1o6PoTcT

Has anyone gotten an individual Business update meeting and not been let go off?

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Post ID: @zyt+1o6PoTcT

RAs were told today there would be cutting their role by half

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Post ID: @pcn+1o6PoTcT

I just got laid off during an "Important Business Update" meeting. I was a developer part of Aetna Digital.

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Post ID: @epe+1o6PoTcT

I had a 15 min business update meeting and it was to let us know that the affected people were notified and that we were safe (for now).

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Post ID: @nwu+1o6PoTcT

"Business update" meeting is layoff meeting.

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Post ID: @nls+1o6PoTcT

How long are these 1-on-1 meetings?

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Post ID: @lfz+1o6PoTcT

Is this meeting 1 on 1 or your skip would call u to join a group meeting

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Post ID: @wjd+1o6PoTcT

So my teammate just got layoff from from important business update meeting and now I just got the invite as well

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Post ID: @zvu+1o6PoTcT

Senior manager, Business Consulting HCB transformations. Three people laid off from my team including me.

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Post ID: @mhy+1o6PoTcT

please post the team and the title, no point just giving random responses. it wont help anyone. thanks

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Post ID: @gvc+1o6PoTcT

Someone from my team got notified that they were laid off at the "Business update" meeting.

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Post ID: @cfm+1o6PoTcT

anything scheduled for you with "important business update" is your meeting to lay you off

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Post ID: @cyw+1o6PoTcT

I was part of an important update meeting and was told we were safe. It could go either way.

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Post ID: @skm+1o6PoTcT

What department or area are you in

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Post ID: @fql+1o6PoTcT

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