CVS Health, the parent company of long-term care pharmacy Omnicare, is planning to lay off approximately 2,900 employees, a spokesman said.

CVS has been reviewing its strategic options for months as rising medical costs in its Aetna insurance arm weigh on the ...

CVS Health announced on Tuesday it plans to lay off about 2,900 employees, which constitutes less than 1% of its total ...

CVS is considering a breakup and other strategic alternatives as pressure from investors builds on management in the midst of ...

Glenview Capital Management, a hudge fund that has been subject of certain media reports that it was pushing CVS Health ...

A key hedge fund investor for CVS Health will meet with the company's top brass today in a move that signals a potential ...

"We have mixed views about a potential breakup of the CVS Health assets," BofA analysts said in a research note on Tuesday. "In a normal environment, it could be reasonable to assume that the health ...

The reductions, part of the company's previously announced plan, would primarily impact corporate roles and not frontline ...

PBMs are struggling across the board. The latest is a 20 September FTC administrative complaint against the Big Three (+ Express Scripts/Cigna and Optum/UHG plus respective group purchasing ...

The hedge fund has taken a large position in the healthcare company, which has seen its shares fall 24% this year to date.

Conversations about breaking up CVS Health Corp. have been going on for months involving management and the board, predating ...