CVS Health stock sold for $72.08 a share when Karen Lynch became president and CEO in 2021. It closed at $60.35 on Friday.
CVS has been struggling with rising medical costs in its Medicare Advantage plans and slumping drugstore sales.
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on ...
CVS Health Chief Executive Officer Karen Lynch has stepped down and will be replaced by David Joyner, who runs the company's ...
CVS Health (NYSE: CVS, $67.46, Market Capitalization: $84.86 billion), a leading health solutions company in the US, is considering a potential break-up to separate its retail and insurance units.
CVS will lay off 416 employees over a 14-day period in December at the company's Hartford-based Aetna health insurer subsidiary; 93 work at the facility, while the rest are remote employees.
in Hartford. That hub includes the headquarters of health insurer Aetna. While the mounting job losses reflect CVS’ recent struggles, a number of local and state officials said that they are not ...
CVS Health Corp. said Monday that it will cut nearly 100 corporate jobs at the Hartford-based headquarters of its Aetna health insurance business, plus another 323 remote jobs that are based in ...
Following on the heels of last week's news that CVS Health is eliminating 2,900 positions, the retailer confirmed that it is laying off 416 employees tied to Aetna. "Our industry faces continued ...
CVS risks losing customers and revenue if it splits up its vertically integrated business segments, which includes health insurer Aetna and the major pharmacy benefits manager Caremark.