layoffs

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nafcillin

nafcillin

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quite a few techs have been laid off in this area and my friend who is a pharmacist just got laid off as well. any other areas experiencing this?
 
nafcillin said:
quite a few techs have been laid off in this area and my friend who is a pharmacist just got laid off as well. any other areas experiencing this?
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I know someone as a pharmacist in a hospital getting laid off this August...and another friend of mine works for CVS said that they cut his hours to around 28-30 hours/week...???
 
best of luck for these ppl 👍

Its bad everywhere. I live in NYC so I know a bunch of guys being laid off in financial field, law, hospitality, and pretty much every other field. Pharmacy is holding up but bonuses have been cut etc. Once laid off (wall street banks failing) effect comes in (probably will take 1 to 2 years to feel effect), we can relocation or some people to be laid off.
 
This thread is depressing (though an accurate depiction of our country). I just keep chanting "business cycles, business cycles..." to myself.
 
What location is seeing layoffs/cut backs with pharmacists? and what chain?
 
omggggggggg

And I'm graduating this year..........

This Bush adminstration is a failure.
 
rxforlife2004 said:
I know someone as a pharmacist in a hospital getting laid off this August...and another friend of mine works for CVS said that they cut his hours to around 28-30 hours/week...???
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can't believe hospital pharmacist being laid off too
 
stevephhs016 said:
omggggggggg

And I'm graduating this year..........

This Bush adminstration is a failure.
Click to expand...

Ya, like Clinton and Congress had nothing to do with the current economy, I know it's easy to just blame Bush but do some research, think critically and understand this is by no means all his doing. He made some bad moves but only an idiotic/ignorant person thinks it is solely his fault.

Sorry but it is really does get old hearing kids on campus bashing Bush when they actually have no idea what they are talking about.
 
RxWildcat said:
If Rite Aid's stock keeps falling I may be out of a job, it hit $0.50 today!
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I have worked for RA. i cant stand their business model. When the stock was at 2ish, i was like no way it is worth that much. It dropped to a dollar. My friend said to me to buy as it is undervalued after taking a dollar loss already. I told him back no, it is overvalue and sell everything. The way things are going, they should be out of business (they were already bankrupt a few times).

The problem with their model is 1. Their business side runs the pharmacy, 2. They heavily rely on business from unions whom are going into mail order, and 3. they buy too much crap and sell too much crap. Their shelfs are stocked wayyy high.

To make things worse is that a lot of their stores are unionized so they have to pay heavy wages without the ability to fire unefficient workers at will.
 
Aznfarmerboi said:
I have worked for RA. i cant stand their business model. When the stock was at 2ish, i was like no way it is worth that much. It dropped to a dollar. My friend said to me to buy as it is undervalued after taking a dollar loss already. I told him back no, it is overvalue and sell everything. The way things are going, they should be out of business (they were already bankrupt a few times).

The problem with their model is 1. Their business side runs the pharmacy, 2. They heavily rely on business from unions whom are going into mail order, and 3. they buy too much crap and sell too much crap. Their shelfs are stocked wayyy high.

To make things worse is that a lot of their stores are unionized so they have to pay heavy wages without the ability to fire unefficient workers at will.
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At RA, the crap piled high thing is really weird but true! They are cutting hours, cutting help in the pharmacy, but I have a hard time concentrating sometimes cause they have all these animated Christmas figures for sale that sing, right in front of the pharmacy counter, and people constantly turn them on as they walk by, sometimes all five at once, singing five different songs. They have many more in back, so even if I kick all of these over and break them, there are replacements.
 
it was actually the lack of stock in the pharmacy that hurt Rite Aid

they would cheap out and never have a sufficient stock of medication
so customers would get mad when RA never had their meds
 
nnguyenc said:
it was actually the lack of stock in the pharmacy that hurt Rite Aid

they would cheap out and never have a sufficient stock of medication
so customers would get mad when RA never had their meds
Click to expand...

Talking about their front end.... have u seen the garbage they sold? Consumers wouldnt know what to buy unless they have something in mind when they first walk in.
 
nnguyenc said:
it was actually the lack of stock in the pharmacy that hurt Rite Aid

they would cheap out and never have a sufficient stock of medication
so customers would get mad when RA never had their meds
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We're not talking about drug stock silly. That is anorexic. We're talking about the other crap! The giant animated Christmas things I will grow to hate, Dora the Explorer pencil cases, a backroom full of crap-holiday crap, candy, cookies.
 
Where I am we just hired an RPH last week (I already have seniority over someone...rock.) He got a $18,000 sign-on like me...$3,000 up front just for walking in the door. Still have one more position, too. Plus, the staff is getting older. One RPH is retiring in November...add another position. Surrounding institutions still looking for tons of people, too. I think it's just a coastal thing. Here in Yinzerville there is still quite the demand.
 
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yeah i wonder if people are actually getting layed off or are they getting FIRED for being idiots? I am currently working an extra shift in the hospital for 55 bones an hour...
 
bigpharmD said:
yeah i wonder if people are actually getting layed off or are they getting FIRED for being idiots? I am currently working an extra shift in the hospital for 55 bones an hour...
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Wait....a challenging yet rewarding hospital job, no retail crap, excellent salary and no weird robotronic singing holiday animated figurines to deal with on a daily basis? Kill me, just kill me please.
 
If anyone wants to work for Walgreens, I know they are hiring in Peoria, IL, and paying a $30,000 sign on bonus. We are hurting for pharmacists here in the midwest. I guess that gives you a clue about how bad Peoria, IL, is huh? :laugh:
 
WVUPharm2007 said:
Yeah, but you have to work retail. Ick. They SHOULD pay you $30,000 a year every year as a bonus for Pete's sake.
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I agree. But there are others out there that can be bought--even to live in Peoria--even to work for Wags. They are obviously lacking our high ideals. 😉

p.s. Whatever happened to the cute boy pic? Your new avatar scares me.
 
monsterbrain said:
I agree. But there are others out there that can be bought--even to live in Peoria--even to work for Wags. They are obviously lacking our high ideals. 😉

p.s. Whatever happened to the cute boy pic? Your new avatar scares me.
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Because Omar Little is infinitely more badass than me. Hence he took my place...until I decide to change it again...
 
monsterbrain said:
If anyone wants to work for Walgreens, I know they are hiring in Peoria, IL, and paying a $30,000 sign on bonus. We are hurting for pharmacists here in the midwest. I guess that gives you a clue about how bad Peoria, IL, is huh? :laugh:
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yeah, Peoria must be hardup for pharmacists. There is a hospital there that will be at an upcoming career fair that is paying up to 90,000 in tuition reimbursement.
 
Come on, someone's just spreading panic. Maybe it's the OP. The current state of the economy has no bearing on pharmacy as a profession. If pharmacists are truly being laid off, how do you think welders are faring?

The stock market has always been an irrational guage of the economy, but unemployment isn't going to rise to the 8% seen during the Great Depression. Many people who have been fired from jobs insist they were "laid off".

Everybody just take a few deep breaths (unless you rolled the dice in the market and retire in two years - then panic, but do it with your therapist). There's a lot of irrationality going on these days. Maybe things are going to be rough for a few years. They've already been rough for a few on a number of fronts - it's just that middle-America is starting to wake up to it.
 
nafcillin said:
http://illinoishomepage.net/content/fulltext/?cid=35591

this is happening in my area and I did not create this thread to set everyone off panicking. The economy has gotten worse and healthcare has finally been affected by it.
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Hmm, 2.3% of a workforce in a hospital could be a correction of over-hiring. The word "pharmacist" or "pharmacy" appears nowhere in the article you cite.

Can this user please be banned for trolling?
 
twester said:
Come on, someone's just spreading panic. Maybe it's the OP. The current state of the economy has no bearing on pharmacy as a profession. If pharmacists are truly being laid off, how do you think welders are faring?

The stock market has always been an irrational guage of the economy, but unemployment isn't going to rise to the 8% seen during the Great Depression. Many people who have been fired from jobs insist they were "laid off".

Everybody just take a few deep breaths (unless you rolled the dice in the market and retire in two years - then panic, but do it with your therapist). There's a lot of irrationality going on these days. Maybe things are going to be rough for a few years. They've already been rough for a few on a number of fronts - it's just that middle-America is starting to wake up to it.
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Wasn't unemployment during the Great Depression actually 25%?

But seriously, that hospital paying $90K for tuition reimbursement piqued my interest. Are there others like it?
 
medicalcpa said:
Wasn't unemployment during the Great Depression actually 25%?

But seriously, that hospital paying $90K for tuition reimbursement piqued my interest. Are there others like it?
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Yeah, I stand corrected. Unemployment approached 30% during the Great Depression. We're still at around 5%. Still no cause for panic.
 
i am NOT trolling. I don't want to give out specific information about my job on cyberspace. I have emails and meetings that are proof that this is happening in my hospital. I wanted to make this a general thread so that I wouldn't have to name where I work. I like my job. So, no, I am not trying to freak everyone out but at hospitals in my area and at my hospital there are layoffs and I wanted to see if it was just a regional thing or if it's happening all over. it sucks.
 
I just never imagined myself in a position where I am worried about keeping my job.
 
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I'm not defensive at all. I just think you are reacting to a localized situation and projecting it on everybody else. Who knows your motives?
 
Sticking to the topic rather than accusations will be much more productive. Or at least less bothersome to read, depending on your viewpoint of the topic.
 
i just think that drugs are not cheap, so if ppl
run out of jobs, run out of money in their pockets,
then the drug store as well as any other store will
certainly be affected.. (how can you run a store
without customers, right?).
 
In the Tampa area, Walgreens took away all full time hours from technicians. Some are down to 10 hours per week. They also have to work out in the store to get hours. As for pharmacists, they took away mid-shifts from the 24 hour stores. This left a glut of pharmacists. So, if you were a newer pharmacist - you were doomed to a life of floating. There are no more sign-on bonuses. I left for a smaller company, but it was still retail.

I put my resume out this week to get out of retail. I passed my phone interview with Medco as a call center pharmacist. All counseling, all day, from my cubicle. I have a clinical hospital interview on Monday, a staff pharmacist interview on Tuesday, plus I still have to contact Medco for my live 3 hour interview/clinical skills test.

The way I see it, retail is panicking from their stock prices. There are plenty of jobs out there.
 
Hmm, I don't think the OP was trolling. He/she is just trying to discuss something that is happening in his/her area that is concerning. I'm sure the economy could get much worse than it is now. But it is not exactly in a high state of affairs right now, either.
 
WVUPharm2007 said:
Yeah, but you have to work retail. Ick. They SHOULD pay you $30,000 a year every year as a bonus for Pete's sake.
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The difference b/n hospital and retail where I am is $33,000 a year, thus my sad sad choice.
 
dgroulx said:
In the Tampa area, Walgreens took away all full time hours from technicians. Some are down to 10 hours per week. They also have to work out in the store to get hours. As for pharmacists, they took away mid-shifts from the 24 hour stores. This left a glut of pharmacists. So, if you were a newer pharmacist - you were doomed to a life of floating. There are no more sign-on bonuses. I left for a smaller company, but it was still retail.

I put my resume out this week to get out of retail. I passed my phone interview with Medco as a call center pharmacist. All counseling, all day, from my cubicle. I have a clinical hospital interview on Monday, a staff pharmacist interview on Tuesday, plus I still have to contact Medco for my live 3 hour interview/clinical skills test.

The way I see it, retail is panicking from their stock prices. There are plenty of jobs out there.
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Originally from the midwest but live and work in tampa. The problem with florida is there are 6 pharmacy schools that have created a back log of ******s. They are opening schools named st. mary's of woods school of pharmacy. It is completly out of hand, and I know of one more school that has the go ahead to open up in TAMPA! It is a farm system for CVS and Walgreens down here. Priapism whats your opinion?
 
A little off topic--but was there any truth to the rumor about some retail chain offering a 4-year $1 million dollar contract to move to Alaska? I heard about this last year.
 
We're (hospital) hiring 1.5 FTE, and I know of at least 2 other FT positions in my small town. I was offered one of them (they had 3, one of our pharmacists took a position hence why we're hiring) with a 15K signing bonus.

Things are still good for pharmacists in more rural areas. The cost of living is nice and my commute is 3 minutes.

ETA: the differential between hospital and retail here is less than 10K. Well worth it to me.
 
The starting salary for hospital pharmacists in my neighborhood is $36.61 per hour (just look for "pharmacist" from http://jobs.upmc.com/job.htm ) I would guess it's one of the lowest starting salaries in the country. This giant, 7-billion dollar corporation, with whose operating revenue grew by 12% in its last fiscal year, bases your starting salary on which hospital you would work at. I would work at a rural one, where the salary is, well, the one on the very left for all salaries listed. It's nice that for other people the pay difference is less drastic between hospital and retail. Perhaps I should start a thread looking for the absolute lowest paying pharmacist position? I don't think it would get a lot of views!
 
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Megas said:
The starting salary for hospital pharmacists in my neighborhood is $36.61 per hour (just look for "pharmacist" from http://jobs.upmc.com/job.htm ) I would guess it's one of the lowest starting salaries in the country. This giant, 7-billion dollar corporation, with whose operating revenue grew by 12% in its last fiscal year, bases your starting salary on which hospital you would work at. I would work at a rural one, where the salary is, well, the one on the very left for all salaries listed. It's nice that for other people the pay difference is less drastic between hospital and retail. Perhaps I should start a thread looking for the absolute lowest paying pharmacist position? I don't think it would get a lot of views!
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It's Pitt. They are the lowlife scum of the planet, what do you expect. Here's what you do. Go one county over and work for Excela in Westmoreland Co.. They pay lower 40s. I'm in Fayette Co. and I'm getting $43...about to be bumped up come January.
 
The old hospital that I worked for "laid off" or did away with the intern positions in the pharmacy, however I was able to get a job at another hospital in my area without much leg work, just an email and completing an application and interview. The old hospital that I worked for just tried to expand too fast and didn't have the financial support behind it when the economy started to go south.
 
monsterbrain said:
A little off topic--but was there any truth to the rumor about some retail chain offering a 4-year $1 million dollar contract to move to Alaska? I heard about this last year.
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I did an IHS rotation in Fairbanks this summer. We had some retail PharmDs who came in on Fridays to do hospital on their day off. The best retail salary I heard of was starting at $79/hr--nice, but not $1 million for 4 years. Also, 6 months of darkness and 40 below in the winter-crazy!
 
Yup...$160k/year...and the closest grocery store is 2 hours away....👍

It's not worth it. Unless you are a hermit that likes really, really cold weather. Then perhaps it's up your alley.
 
I was involved with 3 hospital closures with massive layoffs past 12 months.. All pharmacists were laid off. I'm sure they found jobs somewhere... but not the job of their choice.
 
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