Walgreens to Shed $1 Billion in costs

[WVUPharm2007]

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Walgreens to Shed $1 Billion in Costs

I wonder how they will screw their pharmacists this time.

 

[gwarm01]

How many pharmacists does Walgreens employ anyway?

I'm guessing they shut down less profitable stores and layoff most of the staff there. Hopefully the stores that stay open don't lose staff.

 

[projektreverb]

Hopefully the stores that stay open don't lose staff.

Doubt it. Someone will say that those stores should be more efficient with less people despite absorbing more scripts from the closed stores.

 

[Charcoales]

Welp it was 'fun' while it lasted. Time to jump ship?

 

[Stella14]

Walgreens to Shed $1 Billion in Costs

I wonder how they will screw their pharmacists this time.

I was told that the raised the benefit age you could receive medical insurance through the company so people who had retired just received a letter that they are no longer eligible bc they retired before higher age that was set.


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[SELDANE]

Walgreens to Shed $1 Billion in Costs

I wonder how they will screw their pharmacists this time.

Oh let me count the ways... right off the bat some 24 hour locations will become "extended hour stores" in which they now close at midnight. Now the late shift pharmacist will get that sweet 4pm to 12 am shift. Any store that has more than 2 hours of RPh overlap both pharmacists will be taking that relaxing 30 minutes time charged lunch. For the regular hour stores the opening technician will come in some time around 2 or 3 hours after the store has opened. On the weekends if the pharmacy opens at 9am the technician will arrive at noon or better yet the "designated hitter" (i.e., a cashier from the store front end) will come in and help every time you hit the PA and say " I see three in the pharmacy". Get ready to have more "help" from the store manager who thinks he or she can do a much better job than that over paid technician. As for the overnight pharmacist in the 24 hour stores you can forget any tech overlap at the beginning or ending of your shift. Also the concept of being an overnight pharmacist who works 78 hours a pay period and gets paid for 80 will come to a quick end with the extension of their shift from 10 pm to 8 am to about 8:30 am. This is just a start. Trust me when I say that Walgreens definitely has the ways by which they can "screw their pharmacists", down to a science.

 

[Hels2007]

While US pharmacy business was the only segment that actually outperformed, I am sure it's not going to stop them from screwing it over.

 

[ValeRx]

So maybe the Walgreens buyout of Kroger pharmacies may be a bit far off at this point. That's been the rumor going on around here.

 

[MrBonita]

Amazon is going into the pharmacy business. Walgreens cutting etc is so they do not become Blockbuster video.

 

[Chrish]

I sense new hires being offered significant pay cut must be a major part of this equation. I don't think it's really possible to cut more hours than what is offered right now at CVS/ Wag.

 

[mydogatemysuboxone27]

Some stores that have been fully converted to Walgreens from Rite Aid, even after the store remodel, have been shut down. My boss has told me that there still may be stores in my area that will shut down after fully converted. Hope it's not mine *fingers crossed*