Because it sure feels like it to me. Some big, some small, but always layoffs.
6 replies (most recent on top)
More than just us:
CIGNA
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- Cigna announced plans to lay off about 2,000 employees, approximately 3 percent of its workforce, as part of an operational streamlining initiative.
- Cigna leadership stated the reductions were intended to improve affordability, deliver value to clients, and maintain financial discipline.
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WALGREENS
|||||||||||||||||| - Walgreens is laying off 469 employees across multiple states following its acquisition by Sycamore Partners, adding to prior job cuts and store closures.
- Since the buyout closed last August, Walgreens has reduced its footprint from about 8,500 stores and 220,000 employees to roughly 8,000 stores and 211,000 workers.
- The Private Equity Stakeholder Project warned that earlier cost cutting steps, including holiday pay reductions, signaled deeper workforce reductions under private equity ownership.
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CVS Health
|||||||||||||||||| - CVS Health - Aetna disclosed 313 additional management related layoffs, marking its eighth round of job cuts since September 2024.
- CVS previously outlined plans to eliminate 2,900 corporate roles nationwide over several years while refocusing on core business areas amid rising medical costs.
https://www.benefitspro.com/2026/02/23/walgreens-to-layoff-almost-500-employees-across-multiple-states/
@bj it's not known yet. Just lots of activity in the m&a dept
@OP just for this month supposedly. Maybe we will find out more at the town hall meeting in early March.
@bg Acquisition of who by who?
Been that way for quite some time now and don't expect it to change any time soon.
Their forcing hold-out hands to automation, HIH, and general reduction. A major aquisition is coming too.