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HomeLifestyle NewsCVS to Lay Off 2,900 Employees, Considering Company Breakup

CVS to Lay Off 2,900 Employees, Considering Company Breakup

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CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1 percent of its workforce, as the healthcare conglomerate aims to cut costs.

The reductions, part of the company’s previously announced plan, would primarily impact corporate roles and not frontline jobs in stores, pharmacies and distribution centers, it said.

Reuters exclusively reported on Monday that CVS is exploring options that could include a break-up of the company to separate its retail and…

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