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Layoffs announced at CVS
CVS to cut more than 630 jobs based at its Rhode Island headquarters
Only 153 of the terminated employees work at the Woonsocket headquarters or surrounding facilities while the remaining affected employees work remotely, reporting to leaders in Woonsocket.
Layoffs announced at CVS, over 600 RI-based jobs impacted.
Last week, CVS Health confirmed it planned to cut 2,900 jobs, mostly in corporate roles. The 632 noticed Rhode Island layoffs represent 22% of the total planned job cuts.
CVS to lay off 632 people employed out of RI as board mulls breaking up company
The company announced on Sept. 30 it was laying off nearly 3,000 people nationally as it seeks to cut $2 billion in expenses and explores breaking up the company.
Notice shows CVS will lay off 632 employees who report to Rhode Island offices
A notice filed to the Department of Labor and Training indicates that CVS Health will be laying off 632 employees that report to Rhode Island offices.
More than 80 R.I. residents to lose jobs as part of CVS layoffs
More than 600 employees who work out of CVS Health’s Woonsocket headquarters, including 80 state residents, will lose their jobs in December, according to a notice filed with the Rhode Island Department of Labor and Training on Sunday,
NEW: CVS to Lay Off 632 - Files Notice With Rhode Island Dept. of Labor and Training
The Woonsocket-headquartered company filed its required “Worker Adjustment and Retraining Notification” (WARN) letter with the Rhode Island Department of Labor and Training, which was posted on Monday. CVS wrote the following:
3d
on MSN
CVS is under pressure and considering a breakup. Here's why that could be risky
As it seeks to claw back faith with Wall Street, the company is considering breaking itself up. CVS has engaged advisors in a ...
RIPR: The Public's Radio
2d
How CVS changes may affect RI, constitutional convention controversy, and more
CVS Health announced it will be laying off nearly 3,000 employees nationwide, and is exploring breaking up parts of its ...
12d
on MSN
Rhode Island health officials suspend licenses of two CVS pharmacy technicians
Two CVS pharmacy technicians had their licenses suspended, according to the Rhode Island Department of Health.
5d
Here’s what CVS’s potential breakup could mean for you
Now, after the Woonsocket, R.I.-based health care giant had to again reduce its profit outlook and with its stock taking a ...
7d
Report: Hedge fund CEO pitches improvement plan to CVS execs
A major investor is reportedly meeting with CVS executives today amid growing impatience with the company's financial ...
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