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Sunday, July 27, 2014 8:48:44 PM
The Question you should be asking is what jobs will not be outsourced at Walgreens.
Once the inversion is announced I could see Walgreens legal department facing huge cuts.
Next would be the organizational reporting structure culled down
with accountability for sales revenue.
The stores operational cost structure will be modified also in reducing costs in marketing and location expenses.
As you may be aware The President of Walgreens Pharmacy services is moving on from his $5,000,000. million dollar salary to become a pharmacy college advisor, and diabetic consultant.
Not a easy decision.
Since Walgreens will be loaded with debt and more added on once the merger is completed, repaying this will unleash the synergy plans that the Board members agreed to with its lenders.
Should the Merger not complete the synergy cuts will still move forward as net revenue of Rx is on a decline and the margins for operations keep increasing.
Once the announcement is made, grab your profit because either way damage has occurred, political payback will hurt Walgreens image and Most American Corporations who contract for pharmacy services don't want to pay for Walgreens rightful share in USA taxes when they have other choices.. .
GLTA!
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