Walgreens is planning to lay off five percent of its Chicago-based corporate workforce, a total of 267 jobs, reports Chicago Tribune. The news follows the recent appointment of Tim Wentworth as CEO.
None of the layoffs will impact retail employees or workers at call centers. There is no word yet on when affected employees will be informed that they have been laid off.
Walgreens parent, Walgreens Boots Alliance, posted a $6.4 billion loss in the first nine months of fiscal year 2022. Opioid settlements totaled $5.4 billion in charges.
A Walgreens spokesperson, Fraser Engerman, said that the layoffs will “streamline [Walgreens’] operations and focus on our critical priorities.”
“We are grateful for the many contributions by the team members who will be leaving our company, and we are committed to supporting them as much as possible during this transition,” said Engerman.
This is the company’s second round of layoffs this year. In May, it laid off 10 percent of its corporate workforce. Full Story (Subscription Required)
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