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Layoffs announced at CVS
CVS to cut more than 630 jobs based at its Rhode Island headquarters
Only 153 of the terminated employees work at the Woonsocket headquarters or surrounding facilities while the remaining affected employees work remotely, reporting to leaders in Woonsocket.
Layoffs announced at CVS, over 600 RI-based jobs impacted.
According to the notice, the layoffs will be effective between Dec. 8 through Dec. 21, 2024. CVS previously said it would cut 2,900 mostly corporate jobs Last week, CVS Health confirmed it planned to cut 2,
CVS to lay off 632 people employed out of RI as board mulls breaking up company
The company announced on Sept. 30 it was laying off nearly 3,000 people nationally as it seeks to cut $2 billion in expenses and explores breaking up the company.
23h
on MSN
CVS is under pressure and considering a breakup. Here's why that could be risky.
CVS risks losing customers and revenue if it splits up its vertically integrated business segments, which includes health ...
5h
More than 80 R.I. residents to lose jobs as part of CVS layoffs
More than 600 employees who work out of CVS Health’s Woonsocket headquarters, including 80 state residents, will lose their ...
8h
FTC And Pharmacy Benefit Managers Square Off For Legal Battle
Whatever the outcome of the countering lawsuits, it will be a challenging period for PBMs, given the FTC's actions on alleged ...
4h
on MSN
Man arrested, accused of robbery at East Nashville pharmacy
A man accused of being part of a group that robbed a CVS Pharmacy at gunpoint in East Nashville has been arrested, officials ...
fingerlakes1
2d
What’s next for pharmacy giant CVS? Breakup possible, but challenges remain for business
The company has already initiated a $2 billion cost-cutting plan and laid off 3,000 employees, but it faces ongoing ...
6d
on MSN
CVS lays off 2,900 workers in cost-cutting move. Here's what to know.
CVS said it is cutting 2,900 workers, or about 1% of its workforce, as part of an effort to reduce costs by $2 billion.
2d
Billionaire Investor Pushes for Changes at CVS. Is Now the Time to Buy the Stock?
From a valuation perspective, the stock is inexpensive, trading at a forward price-to-earnings (P/E) of about 8.4 times based ...
4d
Why CVS Health Won’t Break Off Aetna From Its Medical Providers
Talk that CVS Health may break up its businesses would mean unraveling synergies already making the company a lot of money.
5d
CVS Health to lay off almost 3K, mainly in corporate ranks
CVS Health announced Tuesday the pharmacy chain will lay off nearly 3,000 workers as part of cost-saving efforts, but the job ...
1d
Does This New Development Make CVS Stock a Buy or a Sell?
Overall, the new announcement pushes CVS toward being a stock worth selling rather than buying. None of the newly announced ...
Crain's Chicago Business
5h
Walgreens names new chief commercial officer with health care, pharmacy background
Jason Stenta brings Optum and CVS Health experience to Walgreens as it struggles with the direction of an ill-fated health ...
SchaeffersResearch.com
3d
CVS Health Stock Bounces on Company Updates
CVS Health (CVS) is higher today, as the healthcare giant considers a significant sift in its long-held business strategy ...
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