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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 Health is slated to lay off 90 New Jersey employees across the state in January, according to a notice filed with state regulators. The move comes as part of a companywide restructuring, said ...
CVS filed a WARN notice with the state that it intends to lay off 153 jobs based in RI and hundreds more remote jobs that report into RI.
CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital Management.
Earlier this month, CVS said it would lay off 2,900 workers as part of a cost-cutting effort. It closed 244 stores in a four-year period and in 2021 announced plans to close an additional 900 stores .
Employees had flocked to social media days prior to call out the company's lack of transparency over layoffs and dwindling inventory, leading to speculation about the chain's future. [214] A few days later, Morphe's parent company, Forma Brands, would end up filing for Chapter 11 bankruptcy. [215]
About 20% of the agency's staff, or about 720 SBA employees, including hundreds of probationary employees, were fired, Politico reported. U.S. Forest Service: About 3,400 workers fired
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