CVS has confirmed that the company will be cutting around 2,900 jobs.
Chiefs have revealed that the drugstore chain will be investing in new technologies.
Bosses revealed that the cuts will primarily impact those within the corporate sector, per the CBS affiliate WPRI-TV.
And the cuts are part of a $2 billion cost-cutting drive that’s intended to reduce expenses within the business.
Chiefs will also be looking at ways how to boost efficiency within the company.
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