By Chloe Riley
Source: Supermarket News
CVS Health will lay off 2,900 workers in an effort to slash costs, the retailer confirmed Tuesday.
“We’ve embarked on a multi-year initiative to deliver $2 billion in cost savings by reducing expenses and investing in technologies to enhance how we work,” a spokesperson said in a statement.
The spokesperson added that impacted positions are primarily corporate roles.
The layoffs represent less than 1% of CVS’ workforce.
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