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CVS Health announced that the company will undergo layoffs of 2,900 employees to cut costs. According to a Reuters exclusive, CVS had been exploring options to reduce company costs via headcount initially, including fracturing the retail and pharmaceutical business to sell individually. The company recently announced a quarterly dividend “of sixty-six and one-half cents ($0.665 cents) per share on the Common Stock of the Corporation. The dividend is payable on November 1, 2024, to holders of record on October 21, 2024.” CVS is looking at cutting costsGlenview Capital Management is involved wit…

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