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CVS to Cut 2,900 Jobs

Yahoo Finance on MSN · 12h

CVS is weighing a breakup. What does it mean for the big healthcare business?

With CVS (CVS) reportedly weighing a breakup of its vertical businesses, the healthcare industry could be marching toward the end of an era in integrated businesses. The reports make CVS the second such vertically integrated retail healthcare company in the US to consider a shift in strategy this year.

USA Today · 14h

CVS Health to lay off nearly 3,000 workers primarily in 'corporate' roles

CVS Health is laying off nearly 3,000 "primarily corporate roles" in a cost-cutting move, the company confirmed to USA TODAY Tuesday.

Bloomberg L.P. · 16h

CVS to Cut 2,900 Jobs as It Considers Breaking Up the Business

CVS Health Corp. plans to cut roughly 2,900 jobs to reduce costs, the health-care company said, as it conducts a strategic review of its operations that includes a possible breakup.

We Don’t Want CVS Health Broken Up

Glenview Capital: We Don’t Want CVS Health Broken Up

Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health management to break up the healthcare giant, denies it is “pushing for a break-up.”

Wall Street Journal · 14h

Glenview Capital Plans Push for Changes at CVS

The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.

MarketWatch · 1d

CVS Health Shares Rise on Report Over Glenview Capital Plans Push for Changes

The slated meeting, between CVS and Glenview Capital Management, could be the beginning of an activist stance by the hedge fund, the Journal reported Sunday. citing people close to the matter. Larry Robbins,

7h

CVS could break itself up. Why, and what does that mean for you?

Now, after the Woonsocket, R.I.-based health care giant had to again reduce its profit outlook and with its stock taking a ...

18hon MSN

CVS Health to lay off nearly 3,000 workers in cost-cutting drive

CVS Health is planning to cut about 2,900 jobs in an effort to slash costs, the US health care company said Tuesday.

7hon MSN

CVS considers harsh changes amid declining profits

After CVS Health (CVS) recently revealed in its latest earnings report that it has been struggling with shrinking profits in ...

17hIn Depth

Exclusive: CVS explores options including potential break-up, sources say

CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as ...

16h

CVS Management, Board Have Been Considering Breakup for Months

Conversations about breaking up CVS Health Corp. have been going on for months involving management and the board, predating ...

7h

Breyer's settles $8.85M lawsuit, CVS considers breaking up, other consumer news | On Your Side

Breyer's ice cream has settled an $8.85 million lawsuit over its "natural vanilla" flavor and the CVS drugstore chain ...

9hon MSN

These Stocks Are Moving the Most Today: APA, Northrop, Boeing, Super Micro, HP Inc., Tesla, Li Auto, CVS, Ford, and More

Shares of energy company APA Corp. and defense company Northrop Grumman rise after Israel’s military says Iran launched ...

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