CVS in the News
"Following a thorough evaluation process, we have determined that changing market dynamics and the increasingly competitive environment require us to operate as a more lean and efficient organization," Mike DeAngelis, senior communications director, CVS Health said in a statement. "As a result, we are eliminating a small percentage of positions at CVS Health in November and December 2016 in order to focus roles and resources on driving the greatest value for our business while maintaining customer satisfaction."
The cuts will primarily affect corporate offices in Rhode Island, Illinois, and Arizona. The retailer announced that those employees that are losing their jobs are invited to apply for other open positions within the company where appropriate.