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CVS Health

CVS Health will lay off nearly 3,000 employees, mostly in corporate ranks

On Tuesday, CVS Health announced that the pharmacy chain would lay off nearly 3,000 employees. “We have launched a multi-year initiative to achieve $2 billion in cost savings by reducing costs and investing in technology to improve the way we…

CVS will cut nearly 3,000 jobs as it plans AI investments — and is considering a breakup

CVS Health Corporation (CVS) will cut approximately 2,900 jobs as part of a $2 billion, multi-year cost-savings initiative aimed at reducing spending and increasing investment in technology. “To achieve this goal and position ourselves for sustainable growth, we will reduce…

CVS Health plans to lay off nearly 3,000 workers

CVS Health is laying off about 2,900 employees across the company and the affected positions are “primarily corporate functions,” Mike DeAngelis, executive director of corporate communications, confirmed to USA TODAY on Tuesday. “Our industry faces ongoing disruption, regulatory pressures and…