CVS to cut 2,900 jobs; reportedly mulling a breakup
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. A spokesperson for the health care giant, which has long been based in Woonsocket, R.I., and operates health insurer Aetna in Hartford, confirmed the cuts, which will primarily fall on corporate roles.
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Youngkin seeks new bids on state employee health plans
Federal Reserve signals end to inflation fight with half-point rate cut
Advisor News
- Diagnosing miscommunication in retirement planning
- Election creates an opportunity for advisor/client dialogue
- Trump 2.0: Planning around uncertainty
- MDRT study: Nearly half of financial advisors’ clients seek financial advice on social media
- EBRI study uncovers concerning trends in retirement spending
More Advisor NewsAnnuity News
- Guaranty Income Launches WealthChoice Enhancements with Guaranteed Options for IMOs
- United Life Launches WealthChoice Enhancements with Guaranteed Rates for Independent and Financial Institution Distribution
- Third Quarter 2024 Statutory Financial Statement for Athene Annuity and Life Company
- Calif. insurance dept. slammed on alleged failure to provide annuity sales complaint data
- Area Insurance Professional Receives “Noble Achievement Award”
More Annuity NewsHealth/Employee Benefits News
- Studies from Tribhuvan University Have Provided New Data on Education (Enrollment and Associated Factors of the National Health Insurance Program of Nepal: Further Analysis of the Nepal Demographic and Health Survey 2022): Education
- Studies from University of Utah Yield New Data on Depression (Impact of a Tubeless, Disposable Insulin Pump On Emergency Department Visits and Inpatient Admissions Among a Medicare Population): Mental Health Diseases and Conditions – Depression
- 4M will lose coverage if Congress allows enhanced ACA credits to expire
- Hawkins BOE to consider entering national insulin price-fixing lawsuit
- Americans face an insurability crisis as climate change worsens disasters – a look at how insurance companies set rates and coverage
More Health/Employee Benefits NewsLife Insurance News
- Guaranty Income Launches WealthChoice Enhancements with Guaranteed Options for IMOs
- United Life Launches WealthChoice Enhancements with Guaranteed Rates for Independent and Financial Institution Distribution
- Jackson’s Mike Hicks Wins Michigan ORBIE® CIO of the Year Award
- SBLI Appoints Wade Seward as Chief Distribution Officer
- DigitalOwl Announces Strategic Collaboration with ExamOne to Improve Record Retrieval and Analysis
More Life Insurance News