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CVS to Cut 2,900 Jobs

Yahoo Finance on MSN · 14h

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 · 16h

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. · 18h

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.”

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,

Investopedia on MSN · 1d

CVS Health Stock Gains on Report of Planned Meeting With Glenview Capital

Key Takeaways CVS Health executives and hedge fund Glenview Capital Management were reportedly planning to meet today to discuss a shakeup of the pharmacy and health care company's operations.The Wall Street Journal said the move suggests that Glenview founder and CEO Larry Robbins has confidence he can get changes made.

9h

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 ...

19hon 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.

13hon MSN

CVS is reportedly weighing a breakup. Some analysts have mixed feelings.

While there’s no guarantee it will happen, any company split would acknowledge that CVS can’t be the integrated healthcare ...

19hIn 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 ...

18h

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 ...

9hon 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 ...

8h

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 ...

11hon 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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