Consumer
CVS to Cut 2,900 Jobs as It Considers Breaking Up the Business
This article is for subscribers only.
CVS Health Corp. plans to cut roughly 2,900 jobs to reduce costs, the health-care company said, as it conducts a strategic review of its operations that includes a possible breakup.
Corporate roles will be the main focus, a CVS spokesperson said Tuesday. None of the job losses will involve front-line workers at the company’s stores, pharmacies or distribution centers, they said.