CVS Cuts Outlook, Plans $2B Cost-Cutting Effort
CVS Health Lowers 2024 Earnings Outlook
Announces Goal to Save $2 Billion Through Cost-Cutting Measures
CVS Health announced on Wednesday that it has lowered its 2024 earnings outlook for the third straight quarter. The company also announced a plan to cut $2 billion in costs over the next several years through a number of initiatives, including reducing expenses and improving efficiency.
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