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Walgreens faces major cuts and closures after its 2025 buyout by Sycamore Partners, which saddled it with $13.33 billion in debt.
Walgreens faces uncertainty after its 2025 acquisition by private equity firm Sycamore Partners, which left the company with $13.33 billion in debt, far above typical levels.
Sycamore’s history of cutting costs at previous acquisitions—like Staples and Nine West—has led to store closures, job losses, and reduced services.
Under new ownership, Walgreens has cut holiday pay, eliminated its communications team, and plans to close its Chicago headquarters.
Rising debt, declining pharmacy reimbursements, and staff shortages are compounding challenges.
Analysts warn further store closures and job cuts are likely, threatening access to essential healthcare and medications, especially in vulnerable communities.
Walgreens se enfrenta a importantes recortes y cierres después de su compra en 2025 por Sycamore Partners, que lo cargó con $ 13.33 mil millones en deuda.