CVS to lay off nearly 3,000 employees ...Middle East

News by : (The Hill) -
WOONSOCKET, R.I. (WPRI) — CVS Health is planning to lay off nearly 3,000 employees nationwide, a company spokesperson confirmed Monday. CVS spokesperson Mike DeAngelis said in a statement to Nexstar's WPRI that the pharmacy giant will be eliminating 2,900 jobs, citing "continued disruption, regulatory pressures and evolving consumer needs and expectations." "It is critical that we remain competitive and operate at peak performance," DeAngelis added. He said the layoffs make up 1 percent of the company's overall workforce, and it will be primarily corporate roles that are cut. "The reductions will not impact front-line jobs in our stores, pharmacies and distribution ce

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