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(Reuters) -CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs.
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. CVS lays off 2,900 workers in cost-cutting move. Here's what to know.
In 2021, CVS Health announced that it would close around 900 stores between 2022 and 2024. “Our industry faces continued disruption, regulatory pressures and evolving consumer needs and ...
Health insurance is supposed to protect people from financial hardship, but because of these growing costs, it has become another force economically squeezing Americans. ... and CVS Health at 2.3% ...
CVS Health Corporation is an American for ... and Aetna, a health insurance provider, among ... for patients in skilled nursing and assisted living facilities ...
(Reuters) -CVS Health said on Wednesday that high demand for medical care among older adults hit second-quarter results, a trend that continued into July, causing it to slash its 2024 earnings ...
The new forecast of at least $8.30 per share, from at least $8.50 per share it had forecast in December, factors in the potential for medical costs being elevated in 2024, CVS said.
CVS Health said it now expects adjusted earnings for 2024 to be at least $7, down its previous forecast of at least $8.30. Analysts had been forecasting earnings of $8.27 per share, according to ...