CVS Health to lay off nearly 3,000 workers

CVS Well being is shedding roughly 2,900 staff throughout its firm and impacted positions are “primarily company roles,” Mike DeAngelis, govt director of company communications, confirmed to USA TODAY Tuesday.

“Our trade faces continued disruption, regulatory pressures, and evolving buyer wants and expectations, so it’s vital that we stay aggressive and function at peak efficiency,” DeAngelis stated in an emailed assertion to USA TODAY.

DeAngelis additionally stated within the assertion that the corporate “prioritized value financial savings all over the place we may, together with closing open job postings,” earlier than making the choice, and likewise stated the layoffs “is not going to influence front-line jobs in our shops, pharmacies, and distribution facilities.”

“Choices on which positions to get rid of had been extraordinarily tough,” DeAngelis stated, noting that the departing staff will obtain severance pay and advantages. The layoffs signify lower than 1% of the corporate’s workforce, DeAngelis stated.

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CVS Well being had one other spherical of layoffs final 12 months

CVS Well being additionally eradicated about 5,000 “non customer-facing” positions in an effort to cut back prices in 2023.

The cuts represented lower than 2% of the corporate’s whole workforce, which comprised of roughly 300,000 staff on the finish of 2022.