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CVS Health to lay off nearly 3,000 workers

USA Today · 6h

CVS Health to lay off nearly 3,000 workers primarily in 'corporate' roles

CVS Health is laying off nearly 3,000 "primarily corporate roles" in a cost-cutting move, the company confirmed to USA TODAY Tuesday.

CVS Health to lay off nearly 2,900 employees in cost-cutting push

CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs.

CVS lays off 2,900 workers in cost-cutting move. Here’s what to know

CVS Health said it is cutting about 2,900 employees as part of a goal to reduce costs by $2 billion. The job cuts represents about 1% of the health care company’s workforce, a CVS spokesperson told CBS MoneyWatch via email.

MarketWatch on MSN · 1d

CVS’s stock rises nearly 3% on report of meeting with large hedge fund Glenview Capital

CVS Health Corp.’s stock rose 2.6% Monday after a report surfaced of a meeting between the health-care company and its major hedge-fund investor, Glenview Capital Management. CVS’s stock rose $1.65 to $63.

Bloomberg L.P. · 1d

CVS Rises After Report of Meeting With Investor Glenview

CVS Health Corp. shares jumped after a report that executives will meet Monday with investor Glenview Capital Management on how it can improve operations amid a long drop in share value.

Reuters on MSN · 1d

Glenview to meet top CVS execs, propose operational improvements, WSJ reports

(Reuters) -Healthcare-focused Glenview Capital Management will meet top executives at struggling healthcare company CVS Health on Monday to propose ways it can improve operations, The Wall Street Journal reported on Sunday.

1hon MSN

CVS, Considering a Breakup, Will Find It’s Hard to Do

Splitting the healthcare company into stand-alone pharmacy or health insurance businesses could leave each struggling.

Axios on MSN49m

CVS is reportedly weighing a breakup

The era of powerful pharmacy chains dominating the American drug landscape is fading. Why it matters: CVS, Walgreens and Rite ...

50m

CVS is weighing a breakup. What does it mean for the big healthcare business?

With CVS ( CVS) reportedly weighing a breakup of its vertical businesses, the healthcare industry could be marching toward ...

6h

Is CVS Health About to Break Up? Here's What We Know

CVS Health stock is lower Tuesday on reports the healthcare company is conducting a strategic review of its operations, which ...

16h

CVS Board Conducts Strategic Review of Company

The review includes different options, including various forms a potential breakup could take.

BREAKING: CVS’s Board Considering Splitting Up Company, According to WSJ

The Wall Street Journal is reporting that one of America’s largest corporations, CVS, is considering dramatic changes.

22h

Exclusive-CVS Explores Options Including Potential Break-Up, Sources Say

CVS has been discussing various options - including how such a split would work - with its financial advisers in recent weeks ...

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