CVS Health plans a 2,900-employee layoff, primarily in corporate roles, for a cost-cutting strategy.

CVS Health plans to lay off 2,900 employees, primarily in corporate roles, affecting less than 1% of its total U.S. workforce of around 300,000. The layoffs will also impact employees at its Hartford-based subsidiary, Aetna. This decision is part of CVS Health's strategy to streamline operations and cut corporate costs, following an earlier announcement to reduce expenses by $2 billion.

September 30, 2024
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