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CVS Health

CVS layoffs announced, 632 jobs affected, 153 in RI

CVS is changing the way it determines prescription drug prices CVS has announced it is overhauling the way it makes prescription drug reimbursement payments to pharmacies. Wibbitz – shop CVS has told the state it plans to lay off 632…

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 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…