Thread regarding CVS layoffs

aetna senior software engineers

our team is safe, any idea of Bonus for us here, will it be 120% like last year?
Burlington MA , now remote for 3 plus years making over 160 with 28 bonus this year.

layoffs has nothing to do with bonus .

also the work cannot be done outside USA, which makes us safer.

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| 1201 views | | 9 replies (last September 13, 2023) | Reply
Post ID: @OP+1osRrZgF

9 replies (most recent on top)

Layoffs has nothing to do this with this, those laid off got big checks, I know one engineer who worked 5 tears got 5 months severance, bonus changes year over year,

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Post ID: @8eft+1osRrZgF

Learn to read the room. It will serve you longer than whatever time you have left at CVS. To think you are safe is asinine. Look at the warn notices. People lost their jobs, their livelihood, healthcare etc. You are talking about your bonus?

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Post ID: @7fuo+1osRrZgF

Be lucky to be funded at 100%...

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Post ID: @5tcb+1osRrZgF

No bonus this year, leave if you want.

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Post ID: @1dwn+1osRrZgF

I would not anticipate MIP to be funded like it has been for the last few years prior. I would anticipate it being difficult for the company to justify to shareholders why we had to cut 5k positions but still have pocket money to pay out bonuses 20-60% in excess of budget without implying that maybe the source of the companies financial woes isn’t excessive headcount. Also, we just spent billions on new high-risk acquisitions and our stock price has been tanking.

Also, read the room. And the terms and conditions of your bonus package.

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Post ID: @hlt+1osRrZgF

People just lost their jobs. Go somewhere else if you need to make yourself feel better.

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Post ID: @rim+1osRrZgF

Is this Borat? I need you to do some coding in Fortran...I hear you are the best!!! Congnizant always keeps their people up to date on the latest technologies!!!

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Post ID: @ycv+1osRrZgF

You wish!

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Post ID: @jzw+1osRrZgF

Suggest you use that big brain to read the conditions of your bonus structure and figure it out for yourself.

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Post ID: @iqx+1osRrZgF

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