While there’s no guarantee it will happen, any company split would acknowledge that CVS can’t be the integrated healthcare powerhouse it once thought,” one analyst said.

After the terrible year CVS Health has had, it shouldn’t come as a surprise that the struggling healthcare company is looking around for options on how to turn it around. At the heart of such discussions is a strategic review of options for the company,

CVS Health Corp. is reportedly exploring a potential break-up of its retail and insurance units as the company grapples with increasing investor pressure and a depressed stock price. According to sources familiar with the matter,

CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs. The reductions, part of the company's previously announced plan,

CVS said it is cutting 2,900 workers, or about 1% of its workforce, as part of an effort to reduce costs by $2 billion.

CVS Health is slashing its headcount by 2,900, or 1% of its total workforce. The layoffs will largely focus on corporate positions, a spokesperson said.

CVS Health Corp. plans to cut roughly 2,900 jobs to reduce costs, the health-care company said, as it conducts a strategic review of its operations that includes a possible breakup.

CVS Health is planning to cut about 2,900 jobs in an effort to slash costs, the US health care company said Tuesday.

The layoffs will be focused on corporate jobs, not frontline pharmacy, retail, or distribution workers, but more dramatic changes could be coming soon.