CVS to cut 300 jobs
CVS Caremark said Thursday it will eliminate 300 employees who work in customer support and other operations to reduce corporate costs. The job cuts affect staffers across the country, but more than half are at the company's customer support center at its headquarters in Woonsocket, R.I., according to an emailed statement from a company spokesman. The jobs eliminated do not include store staff. "We have been looking for ways to improve productivity while reducing costs and maintaining customer satisfaction," CVS spokesman Mike DeAngelis says.