Low Point: Being told to stress how amazing Walgreens Cash is and to turn ourselves into a marketing mouthpiece if/when asked by family&friends how the latest shift in Walgreens is panning out for us all. Ew. Concept of an executive chairman also... — read more
Interesting little tidbit getting lost in the news
Not just a new CEO, but Sycamore also named a new EXECUTIVE chairman John L. For those unaware an executive chairman has more power and authority than a regular chairman of the board. Executive chairman has a lot more say over day to day operations... — read more
Good riddance. Now what?
Can’t say I’m sad to see some of the leadership finally gone. They steered Walgreens into the ground. But with the shift to private ownership, I’m more worried than relieved. Private equity doesn’t usually mean stability, and I can’t shake the... — read more
The Bloodbath Begins
All these executives are getting golden parachutes but they gone
Sycamore Will Want You To Quit
DONT DO IT. They dont want to pay out severance and are going to do things to break morale to get "voluntary attrition". Dont give them the satisfaction. Start building your network now to prepare for when the inevitable comes, and have a game plan... — read more
TB Gone
Tracey Brown has been let go. The Sycamore chainsaw begins.
Many puppets or what Walgreens calls them DM's are about to be let go......
GOOD...you made a ton of money for what you did being a puppet, and some for a lot of years. What value at all do you or did you bring. Just helped a pretty darn good company at one time go to vultures that in no time will totally destroy it. ... — read more
Sycamore deal closing Thursday
Good luck boys, TW
Has the flywheel been turning?
Tracey what happened to the flywheel?
How Stefan makes money on a failing company.
Here is a simplification for those who may be reading this and are not familiar with how some of these deals work. TLDR, investors/company’s don’t give a sh-t about you. They only care about one thing. Money. Someone essentially takes out a loan to... — read more
So many are finally leaving Walgreens..... about time
I commend all the ones finally leaving Walgreens, there are a lot more than I thought would leave without being forced out. You have my full respect. You will be so much better off regardless of what you decide to do in life. For the ones that... — read more
I asked AI what Sycamore will do with Walgreens.
TLDR: The sale is heavily financed with new debt making bankruptcy a possibility. Selling off pieces of the company and closing stores is most likely to happen. Who at Sycamore Partners Will Run Walgreens? Stefan Kaluzny, Managing Director of... — read more
Sooooo Tracey Brown is taking all of her corporate team to the Cubs game today.
Must be nice to have that kind of fun money. Must be a proud team for what they have done to Walgreen's...........what a disgrace.
Don't quit!
This apparently needs to be said. The leadership wants you to quit. Their goal is to get as many people as they can to walk on their own to save on severance. If you quit, you're literally doing them a favor. Stay and work. Quiet quit. But make them... — read more
RIP
Rats will start jumping even more now. Do yourself a favor and start looking now , you’ll be better off, happier and not around a toxic company like this shithole! If your lucky senior leadership will pool together at a random company at like oh... — read more
4x in office starting 9/5
You heard it here first. FOUR days in office starting September. I’d be nervous if I were you remote workers.
What are we even still doing here?
It’s not like any of us have a real shot at a future here once the deal goes through.
When will the deal be done?
The update from Tim was sometime in the 3rd or 4th quarter of 2025. July, August, September October, November, December When do you think the deal will be done?
Intellectual: What's Up Neil - What Happened to staying >5 years?
Neil - you have no practical IT experience. It's all Theretical and not reasonable. Your staff that you brought in - not reasonable and... You missed the great opportunity. Prior to you: 7 years at Walgreens and 5 CIO's. You made it a point to say... — read more
Enjoy your LAST 4th of July with Walgreens as you know it......
Walgreens will never be the same from here on forward for the 4th of July, as selling to the SCAVENGERS is about to change everything...if it even survives. What an amazing thing these so called Leaders have done to Walgreens from going from a... — read more
I like seeing it
When things start to shake at the very top, I suddenly start feeling optimistic that things could improve once again after all.
Tracey B leaving?
PLEASE.
BYE BYE LOSER
Best Buy Co. has appointed Neal Sample as its new chief digital and technology officer. Sample most recently served as an executive vice president and chief information officer at Walgreens Boots Alliance Inc. He had been at the pharmacy retailer... — read more
Neal leaving? What’s Up?!
He hired all his VP friends, then leaving the company in a turnaround? Amazing the leave date is on the Shareholder vote. He may be leaving, but he is still here via friends. It’s amazing HR allowed this to happen! How many VP’s have you hired in... — read more
Be ready the cuts will happen fast....pretty rough environment to work in I would think.
Analysts expect cost-cutting to escalate once the private equity firm’s $10 billion purchase of Walgreens is completed before the end of this calendar year. One of the first major hurdles is a vote of shareholders at a special meeting on July 11. — read more
New Layoff, Media Team Gone
Just today Walgreens is doing another massive layoff. What a joke of a company it has become.
Walgreens has gone from a $100 billion giant to a $10 billion private equity gamble
And some still think there is a recovery.. Look what this and the other previous CEO's have done along with this inept board. Who would even listen let alone care what this CEO says anymore. Yet some do. What a disgrace he is.
th High risk and Walgreens’ structural challenges make holding or buying shares inadvisable.
So the ones that have the stock, even after losing 80% or more, waiting and saying oh I will be getting a premium in the sale...the kool aid drinkers......keep the stock. There are so many places to make money. Yet you keep the walgreens stock. ... — read more
Layoff today, it appears
Suburban Chicago- good friends husband was laid off today after 11 yrs. There was no notice, and appears there may have been others. Just wondering if others are aware
It's too quiet these days
Feels like a major storm is coming and we’re all just waiting for it to drop. My stress levels are through the roof, especially since I’ve been striking out trying to find something else, not even necessarily better pay, just something, and failing... — read more
When will hear what is happening with Sycamore?
Is there a drop dead date for either the deal going forward with Sycamore, or WBA remains public?
Who would come work for this company?
How can this company recruit in good faith, knowing it's a sinking ship. No one should be considering working here, and any one staying other than long term employee who are close to retirement is a FOOL.
Walgreens has pushed these credit cards for a a few years now , what rip off what fools would do them
some are doing theme...... They sure value their customers don't they. And no th little they give you in earning rewards is not worth it at all. Impressive walgreens...... Mastercard is a registered trademark, and the circles design is a trademark... — read more
District Manager Layoffs
Layoffs happened today. Sounds like about one DM per Area, but not all were impacted as some had already realigned on their own after losing DMs. Atlanta. Based on seniority and evals. Anyone else's area? One suddenly gone in central Florida. — read more
Most Favored Nation Dr-g Pricing - May 2025
If a dr-g company charges less for a dr-g in another country, the United States must now also get that lower dr-g price also. "The United States has less than five percent of the world’s population and yet funds around three quarters of global... — read more
Walgreens Laid Off the Entire Save-a-Trip Department
Walgreens Laid Off the Entire Save-a-Trip Department
Well this is both interesting and crazy at the same time.
https://www.thetimes.com/business-money/companies/article/stefano-pessina-boots-money-private-equity-glstqnj0r So Mr. SP is going to FURTHER increase his stake n Walgreens to almost 50%. Apparently he's going to be a major player in Walgreens when... — read more
Keep paying millions and millions and millions and don't EVER admit to guilt.......
Bunch of fools, unethical and fraudulent fools. Paying money like nothing for unethical conduct yet saying you are not at fault. How stupid do you think people in the business world are. You pay millions in fines......yet just think what you made... — read more
Here we go again… Walgreens Agrees to Pay Up to $350M for Illegally Filling Unlawful Opi--d Prescriptions and for Submitting False Claims to the
Pretty sure this will lead to more layoffs.. https://www.justice.gov/opa/pr/walgreens-agrees-pay-350m-illegally-filling-unlawful-opi--d-prescriptions-and-submitting