I’ve been with CVS for a long time. Dodged the bullet this week, but I’m approaching 50, which is considered a very old age in the corporate world, so I’m preparing to be let go at the first next opportunity. I have been very saddened with all the layoffs. Watching people losing their jobs, and being afraid for their future is not easy for any of us. Easier, of course, compared to what people who were let go have been going through, but not easy still. What made it even more difficult for me, personally, is that these layoffs for some reason made it clear to me as a long term employee how much CVS has changed for worse over time, and how much of the institutional knowledge, talent and experience, people who grew with CVS, we have lost over many cycles of really badly designed layoffs and reorgs. Today’s CVS is unrecognizable, and I will not be all that sad when they lay me off.
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Who from CVS is gone from five years ago? Larry Merlo, Jon Roberts, Helena Foulkes, Troy Brennan, Dave Denton, Alan Lotvin, Lisa Bisaccia, Josh Flum, Nancy Christal, David Palombi, Norm de Greve, Kevin Hourican, Scott Baker, Hanley Wheeler, KJ Payette, Will Abbott, Roger Francis, Mitch Betses, Tracy Bahl, and Steve Gold. Those were the 20 most senior people in the company in 2018. Every. One. Gone.
But according to the news today this did not happen. Happy days are here again.
What thinks you made it? They ain't done.
Corporate "pigs"
What is this a therapy board now? Don’t you have someone you can talk to?
Corporate greed in our faces.