Cvs Aetna Layoffs 2024 Layoffs. America’s largest drug store chain named a new chief executive officer on friday, with longtime cvs health executive david joyner replacing karen lynch. The company has been struggling with increasing challenges due to rising operational costs at its drugstore chain and growing medical expenses within its aetna health insurance division.
Layoffs loomed at the hartford offices after cvs announced last week that it planned to cut about 2,900 positions, mainly affecting corporate roles. The job cuts represents about 1% of the health care company’s workforce,.