
Tim Logan
Articles
-
Oct 1, 2024 |
statnews.com | Tim Logan |Tim Logan
CVS Health said Monday that it will lay off about 2,900 people amid pressure from investors to cut costs and improve its financial performance. And more dramatic changes could be coming soon. A spokesperson declined comment to Reuters on a potential breakup, but did confirm the layoffs to the Globe, saying they were part of a $2 billion cost-cutting plan designed to improve the company’s financial performance.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →