CVS files notice to cut hundreds of jobs, including RI-based workers. What to know.
According to the notice, the layoffs will be effective between Dec. 8 through Dec. 21, 2024. Last week, CVS Health confirmed it planned to cut 2,900 jobs, mostly in corporate roles. The 632 noticed Rhode Island layoffs represent 22% of the total planned job cuts.
CVS to cut more than 630 jobs that report to Rhode Island headquarters
Only 153 of the terminated employees work at the Woonsocket headquarters or surrounding facilities while the remaining affected employees work remotely, reporting to leaders in Woonsocket.
More than 80 R.I. residents to lose jobs as part of CVS layoffs
More than 600 employees who work out of CVS Health’s Woonsocket headquarters, including 80 state residents, will lose their jobs in December, according to a notice filed with the Rhode Island Department of Labor and Training on Sunday,
CVS to layoff 632 employees at Rhode Island offices
Woonsocket based CVS said they plan to layoff a total of 632 in-person and remote workers starting on Dec. 8 in order to “slash costs.” The cuts include 1 percent of their workforce, and a total of $2 million dollars in corporate costs.
CVS to lay off 632 at Rhode Island headquarters
According to a WARN notice sent to state officials, the layoffs will begin Dec. 8 and comprise 632 positions, including roles in technology, human resources and analysis. Of those affected, only 153 employees are based in Woonsocket, R.I., while the other 479 are remote employees reporting to Woonsocket leaders.
CVS to lay off 632 people tied to RI HQ as board mulls breaking up company
The company announced on Sept. 30 it was laying off nearly 3,000 people nationally as it seeks to cut $2 billion in expenses ...
'Not going to sit back and do nothing': How CT officials are reacting to layoffs at CVS/Aetna
As CVS Health lays off more than 400 positions connected to its offices in Hartford, state officials have several initiatives ...
GoLocalProv2d
NEW: CVS to Lay Off 632 - Files Notice With Rhode Island Dept. of Labor and Training
The Woonsocket-headquartered company filed its required “Worker Adjustment and Retraining Notification” (WARN) letter with ...
CVS is under pressure and considering a breakup. Here's why that could be risky
As it seeks to claw back faith with Wall Street, the company is considering breaking itself up. CVS has engaged advisors in a ...
RIPR: The Public's Radio7d
How will CVS layoffs affect Woonsocket?
As CVS employees await word on whether their jobs will be among the nearly 3,000 the Rhode Island-based company plans to ...
Here’s what CVS’s potential breakup could 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 ...