Rhode Island
CVS to layoff 632 employees at Rhode Island offices | ABC6
WOONSOCKET, R.I. (WLNE) — Woonsocket based CVS said they plan to layoff a total of 632 in-person and remote workers starting on Dec. 8 in order to “slash costs.”
The cuts include 1 percent of their workforce, and a total of $2 million dollars in corporate costs.
Just last week, the company announced that they were planning to layoff 2,900 corporate employees.
According to a required notice the company filed with the state’s labor department, 153 employees based in Woonsocket and Cumberland will be let go in mid-December, along with an additional 479 remote workers.
“We are committed to ensuring that affected workers have access to retraining programs, job placement services, and available assistance throughout this challenging transition,” said State Representative Stephen Casey in a statement.