Business
CVS to Cut About 5,000 Jobs in Cost-Reduction Push, WSJ Reports
By Karen Leigh, and Zoe Ma
July 31, 2023 at 10:48 PM EDT
CVS Health Corp. said it would cut about 5,000 jobs to help reduce costs, with most of the roles corporate positions, the Wall Street Journal reported.
The Rhode Island-based pharmacy chain doesn’t expect customer-oriented roles in its stores, pharmacies and clinics to be affected, the newspaper reported, citing a company statement.