Thread regarding CVS layoffs

If we all believe that a "bad second quarter" will be the reality. Then the question is will Management need to (once again) provide new guidance for the balance of the year and potentially next off a lower base calling into question the investment hypothesis for CVS Health. Then the Board can ask the question "does she have a handle on the business?"

Layoffs at CVS are not new. It is an unimaginative approach to the lack of discipline utilized to post and fill open roles. (and for that matter capital utilization) They go on hiring binges every year and then, come November do a layoff.

Too many layers of upper management. They all need to go and be replaced by a few strong leaders. There's gotta be 8 layers between my position and her. What do they all do? Clearly all incompetent with the way things are going and these people are making millions??? Give me a effing break. Stop chopping the bottom of the todem poll where the real workers are!!!

The remainder of this year will be telling for KL. Does she survive as CEO or is she forced out by the board? By all accounts right now it appears that she still has the support of the board. However, a bad second quarter is gonna leave her with some explaining to do.

Hod I hope so, but if it's Brian Kane, the problems don't stop as he will gut this place.

not for much longer. she's on her way out, and most of her people with her.