CVS Health is shedding 5,000 jobs to help reduce costs as the U.S. pharmacy chain sharpens its focus on healthcare services, the Wall Street Journal reported on Monday.
CVS added that the jobs affected will primarily be corporate positions, according to the report, citing a memo reviewed by WSJ.
CVS did not immediately respond to a Reuters request for comment.
(Reporting by Rishabh Jaiswal in Bengaluru; Editing by Rashmi Aich)
