Thread regarding CVS layoffs

A&BC Lay offs in Oct End??

We have been hinted by our managers that lay offs are not over and it will impact A&BC teams specially Data Scientist , Decision Scientists in our team in oct end.
FYA-In the 1st wave of lay offs in oct 1st week, Data Engineers were impacted.

Has anyone else heard the same?

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| 1492 views | | 7 replies (last November 3, 2024) | Reply
Post ID: @OP+1vcSmCLU

7 replies (most recent on top)

More CVS racists. All these colleagues who think they are so smart and want to complain about contractors but most of you are useless.

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Post ID: @7jcz+1vcSmCLU

A&BC is full of Indian H1B mechanical robots with no brain and no communication skills. Good riddance if they are chopped off finally. Why should citizens be laid off? These foreign id--ts should be let go first

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Post ID: @3nov+1vcSmCLU

how do we know it has moved to 2nd week nov?

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Post ID: @3xhu+1vcSmCLU

Moved to 2nd week of November

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Post ID: @2kqb+1vcSmCLU

Yes - our group (in a&bc) was told to expect another wave of layoffs in end of October.

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Post ID: @1vbi+1vcSmCLU

I honestly think we won't know the full impact and reprussions for 2025 - 2026 until AEP is over and elections. Medicare is lagged a year you guys until that becomes stable and we get better star ratings for the Aetna side there's surely more layoffs. Aetna is pulling out of a lot of counties for Medicare advantage just like United and some of the others. So yes definitely dried up FTEs because guess what we are out of the running for MA in a lot of counties.
Then for Medicaid we already having several states not wanting to pickup contract renewals because of our shiengans aka ABHKS and for new RFPs like TX the state is probably going to back out because they hear from other states about our shiengains. So more loss in Medicaid.
Far as commercial who knows what's up with them?

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Post ID: @xny+1vcSmCLU

On our side of A&BC, layoffs already occurred. Being one who is in charge of budgets, I am seeing budgets being still managed for 2025, which may have reduced capital expense for headcount. Looks like they were still being finalized up till last week, don’t know outcomes yet anticipate changes unfortunately. We essentially overthrows in 2022/2023 at a non sustainable rate. It su-ks, but you have who maxed out their budgets without thinking of the other side.

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Post ID: @pwi+1vcSmCLU

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