CVS, Rhode Island
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 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.
CVS to lay off 632 people employed out of RI 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 and explores breaking up the company.
CVS files notice to cut hundreds of jobs, including RI-based workers. What to know.
CVS filed a WARN notice with the state that it intends to lay off 153 jobs based in RI and hundreds more remote jobs that report into RI.
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 the Rhode Island Department of Labor and Training, which was posted on Monday. CVS wrote the following:
Notice shows CVS will lay off 632 employees who report to Rhode Island offices
A notice filed to the Department of Labor and Training indicates that CVS Health will be laying off 632 employees that report to Rhode Island offices.
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