10% of CVS IT's individual contributors will be laid off as it was passed down from the VP's on 10/12. No execution date revealed.
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I've heard from multiple sources that the layoffs will be 10% across the board (all corporate departments). I'm sure there will be some exclusions of course. I've heard most will happen Oct 31st. Probably makes it easier logistically for payroll and accounting for $ impact since most are paid monthly.