Post by miamianne67 on Aug 3, 2023 14:37:33 GMT
Down 2% this am perhaps on the news it will cut 5,000 jobs due to it's increased focus on healthcare
lessening its retail business. CVS recently acquired health care provider Signify Health and primary care provider Oak Street Health. CVS has also warned that for the next two years profits will lag as medical expenses rise in its insurance unit. Walgreens has similar plans. Cuts will mostly be in the corporate offices.
lessening its retail business. CVS recently acquired health care provider Signify Health and primary care provider Oak Street Health. CVS has also warned that for the next two years profits will lag as medical expenses rise in its insurance unit. Walgreens has similar plans. Cuts will mostly be in the corporate offices.