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News in English (USA) / 01.10.2024 / 18:00

CVS Health Announces Layoffs of Nearly 3,000 Employees in Cost-Cutting Initiative

CVS Health is set to lay off approximately 2,900 workers as part of a significant cost-cutting drive, citing ongoing industry disruptions and changing consumer needs as primary reasons for this decision. The layoffs will predominantly affect corporate roles, with some positions potentially impacted at their Hartford-based subsidiary, Aetna. This move comes amidst reports of a strategic review of the company, with speculation surrounding a possible breakup of the business. CVS is committed to investing in new technologies and initiatives despite these cuts.
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