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Walgreens laying off over 250 employees as part of cost-saving strategy

The company said it is eliminating 256 support center roles, which are corporate roles.

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DEERFIELD, Ill. – Walgreens is conducting another round of layoffs as the company looks to significantly cut costs and improve its financial performance. This is the third round of cuts in 2024.

The company said it is eliminating 256 support center roles, which are corporate roles and mainly in Chicago.

"While we continue to make progress as part of our turnaround efforts, this process will take more time. To further our focus on our core retail pharmacy business, we will be eliminating 256 support center roles," said Fraser Engerman senior director, Media Relations & Issues Management at Walgreens.

"While decisions like these are always difficult, we believe this action is necessary to position us to rapidly respond to the changing external environment so we can best serve the millions of patients and customers who depend on us every day for their healthcare needs. We are grateful for the many contributions by team members who will be leaving, and we are committed to supporting them as much as possible during this transition. All impacted team members will be offered outplacement support and severance," he added.

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