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job cuts

CVS reportedly plans to cut 5,000 jobs

CVS reportedly plans to cut 5,000 jobs

WOONSOCKET, R.I. — CVS Health is planning to cut 5,000 jobs, according to a report Monday in The Wall Street Journal, which cited an internal company memo. Word of the cost-cutting move, which will reportedly spare workers in customer-facing positions in “stores, pharmacies, clinics, or customer services centers,”  came ahead of the scheduled release of

Walgreens cuts corporate staff

DEERFIELD, Ill. — Walgreens will be cutting over 500 jobs, mostly at its headquarters here and its Chicago office. About 10%, or 504, of the company’s corporate employees will be laid off, Walgreens spokesman Marty Maloney confirmed, noting that none of the staff at stores, micro-fulfillment centers, or call centers will be affected. Maloney said

Walmart cuts jobs at headquarters

BENTONVILLE, Ark. — Walmart has cut about 200 jobs at its corporate headquarters in what a spokesperson characterized as a way to “better position the company for a strong future.” The layoffs, first reported by The Wall Street Journal, came just a week after Walmart revised its profit outlook for its second quarter and fiscal