Some workers at CVS Health (CVS) and Walgreens Boots Alliance’s (WBA) U.S. pharmacies initiated a three-day walkout beginning Monday demanding the companies improve working conditions and recruit more staff, Reuters’ Leroy Leo reports. The walkout marks the third strike by pharmacy workers in just over a month, the author notes. “Some of these stores are so grossly understaffed at the moment and just bogged down with not only prescriptions but the amount of immunization appointments and walk-ins that they’re expected to do,” Shane Jerominski, a former Walgreens pharmacist and one of the organizers of the walkout, told Reuters.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CVS:
- Labor Trouble Brews at Pharmacies: CVS (NYSE:CVS), Walgreens (NASDAQ:WBA) in Focus
- CVS Health’s Aetna to enter several individual insurance exchange marketplaces
- Options Volatility and Implied Earnings Moves This Week, October 30 – November 03, 2023
- Is CVS a Buy, Before Earnings?
- Unusually active option classes on open October 20th