Cvs Layoffs August 2024. The move comes as the pharmacy has been struggling. Cvs health said monday that it will lay off about 2,900 people amid pressure from investors to cut costs and improve its financial performance.

Cvs health has chopped its 2024 forecast for a third time as the health care giant continues to struggles with its health insurance business. Cvs risks losing customers and revenue if it splits up its vertically integrated business segments, which includes health insurer aetna and the major pharmacy.