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CVS to cut more than 630 jobs that report to R.I. headquarters

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CVS to cut more than 630 jobs that report to R.I. headquarters

CVS Health is expected to cut more than 630 employees who report to the company’s headquarters in Woonsocket, according to a letter the company sent to state officials on Monday. Of the 632 terminations, only 153 work at the Woonsocket headquarters or surrounding facilities. The remaining 479 affected employees are “outstationed,” which means they work remotely and report to leaders at the Woonsocket headquarters, according to the company’s Worker Adjustment and Retraining Notification notice. Laid off positions include analysts, brokers, software engineers, directors, associates in technology and human resources, and others, according to a breakdown of cut jobs provided to the state by CVS.

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