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CVS to Cut 2,900 Jobs as It Considers Breaking Up the Business

  • CVS is reportedly reviewing its business strategies, which may involve a breakup, as stated by the Wall Street Journal.
  • CVS executives met with investor Glenview Capital Management to discuss operational improvements following a decline in stock value.
  • The company is considering separating its retail and insurance sectors, facing pressure from investors due to poor performance.
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CVS Health to lay off nearly 3,000 workers in cost-cutting drive

CVS Health is planning to cut about 2,900 jobs in an effort to slash costs, the US health care company said Tuesday.

·Atlanta, United States
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  • 76% of the sources are Center
76% Center
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The Business Journals broke the news in United States on Monday, September 30, 2024.
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