CVS Health to cut another 13 jobs connected to its offices in Hartford - Insurance News | InsuranceNewsNet

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January 22, 2025 Newswires
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CVS Health to cut another 13 jobs connected to its offices in Hartford

Paul Schott, The Hour, Norwalk, Conn.Hour

Jan. 17—HARTFORD — The embattled CVS Health will cut another 13 jobs connected to its offices in Hartford in March, adding to hundreds of layoffs made at the hub in the past year and a half.

The layoffs of those 13 employees tied to CVS' offices at 151 Farmington Ave., a complex that includes the headquarters of health insurer Aetna, will be carried out between March 8 and March 22, according to a letter that the company sent Friday to the state Department of Labor. The affected workers include two who live in Connecticut, with one in marketing and the other in clinical support. The other affected staff include several nurses and a few analysts. Those 11 out-of-state employees live in California, Florida, Georgia, Massachusetts, New York, Oregon, Pennsylvania, Texas and Virginia according to the WARN notice.

A message left Friday for CVS inquiring about the company's decision to make another round of layoffs was not immediately returned.

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The job cuts are part of a nationwide retrenchment for the Woonsocket, Rhode Island-based CVS. Last September, the company announced that it would lay off about 2,900 employees across the U.S., as part of a plan to cut $2 billion in expenses.

Across this month and next month, CVS plans to eliminate about 200 positions connected to the Hartford offices. About 20 of the employees in that group are Connecticut residents.

Across last year and 2023, the company laid off about 1,000 employees who are based at or report to the Hartford offices.

"This steady drip, drip, drip of significant Connecticut insurance job losses continues to be troubling," state Sen. Tony Hwang, R-Fairfield, ranking senate member of the General Assembly's Insurance and Real Estate Committee, said last month. "In order to get its takeover of Aetna approved in 2018, CVS promised to maintain 5,291 jobs at Aetna for at least four years. These days, we see repeated layoff announcements. Connecticut state government officials must continue to be persistent in demanding transparency."

CVS has declined to disclose how many employees are still based in Hartford. But it said last month that it had nearly 9,000 employees in Connecticut and approximately 170 CVS Pharmacy locations in the state.

© 2025 The Hour (Norwalk, Conn.). Visit www.thehour.com. Distributed by Tribune Content Agency, LLC.

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