MIAMI, FLORIDA – AUGUST 01: A sign outside of a CVS Health store on August 01, 2023 in Miami, Florida. The company announced that it is laying off 5,000 employees in a cost-cutting move as it shifts focus to health care services. (Photo by Joe Raedle/Getty Images)
CVS Health has announced more than 300 layoffs in Connecticut.
The company notified the state Department of Labor on Friday that it will be conducting a mass layoff at its facility at 151 Farmington Ave. in Hartford.
The layoffs are expected to begin on Oct. 21 and continue through Dec. 30. The company said 306 of the positions being terminated are held by Connecticut residents.
In total, the company plans to lay off more than 500 employees, including remote workers who do not live in Connecticut but report to a leader in the state, according to the letter sent to the Department of Labor.
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CVS Health Corporation and Aetna merged several years ago.
CVS said the number of employees in Connecticut will be approximately 9,000 people.
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