CVS To Layoff 29 Hundred Employees Nationwide

CVS Health is laying off 29-hundred employees nationwide, including an unspecified number in Rhode Island.

CVS indicates that the number of layoffs will become clearer when it files the required 60 day notice of a mass layoff with the state in the coming days.

Officials say the job cuts will mostly involve corporate workers, not those in stores or distribution centers.

Changing consumer trends and demands seen as one of the contributing factors.

The company employs some 300 thousand people nationwide.

(Photo by Brandon Bell/Getty Images)

CVS Quarterly Profit Down 7 Percent As It Seeks To Cut $2 Billion In Costs

Photo: Brandon Bell / Getty Images News / Getty Images


Sponsored Content

Sponsored Content