Walgreens cuts 256 jobs, mostly in Chicago |
Walgreens is laying off 256 employees as part of restructuring efforts, including roles at its corporate offices in Deerfield and the Old Post Office building. The company is also eliminating 215 open positions. Fraser Engerman, a spokesperson for Walgreens, said: “While decisions like these are always difficult, we believe this action is necessary to position us to rapidly respond to the changing external environment.” Earlier this month, Walgreens announced plans to close approximately 1,200 locations over the next three years, with 500 stores set to close this fiscal year. The company reported a net loss of over $3bn in the last quarter, primarily due to declines in U.S. retail and pharmacy sales. |
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