CVS Health logo is seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration/File Photo License this content on Reuters ConnectCompanies CVS Health Corp FollowJuly 31 (Reuters) - U.S. pharmacy chain CVS Health (CVS.N) is cutting 5,000 jobs, the Wall Street Journal reported on Monday, citing a staff memo. The company spokesperson said CVS does not expect "any impact to our customer-facing colleagues in our stores, pharmacies, clinics, or customer services centers." The pharmacy chain had about 300,000 employees in the U.S. at the end of last year. The Woonsocket, Rhode Island-based company will be cutting down on travel expenses as well as its use of consultants and vendors, according to the WSJ report.

Source: Wall Street Journal August 01, 2023 02:43 UTC