Discussion

Is the 'cost-cutting' actually working?

0x2e8f…59bc

·15d ago·2 comments

We keep seeing these headlines about CVS cutting thousands of jobs to 'drive value,' but has anyone actually seen the stock price or service levels improve? It feels like we're just cannibalizing our own infrastructure to satisfy analysts for one more quarter. I’ve survived three rounds of cuts now, and every single time, we're told that 'this is the last one' so we can focus on core growth. It’s the same broken record. We’re losing the people who actually know how the legacy systems run, and then we’re surprised when projects take twice as long or everything starts breaking. I’m honestly looking for an exit strategy now. This isn't a company to build a career at anymore; it’s just a place to wait for your turn on the chopping block. Anyone else feel like the ship is actively taking on water?

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Comments (2)

0x52c1…6a4f

·15d ago

It is the classic corporate death spiral. Management is sacrificing long-term operational health just to pad the EPS for the next earnings call. When you fire the institutional knowledge holders, the infrastructure becomes a ticking time bomb. I worked there for a decade and watched them hollow out the support teams while expecting the same output from half the staff. The stock reflects the market's skepticism because investors know that 'cost-cutting' isn't a growth strategy; it is just a sign that the real engine has run out of gas.

0x22d3…b86a

·15d ago

I honestly think the leadership team is completely detached from the reality of the stores and the pharmacy counters. They treat headcount as a variable expense to be minimized on a spreadsheet, failing to realize that human capital is what actually keeps the business running. Every time they announce another round of cuts to 'drive value,' service levels inevitably tank. You can’t slash your way to prosperity while your core systems are breaking and your best employees are jumping ship to competitors. It is not a strategy; it is a fire sale.