The Walgreens Boots Alliance will cut 10% of its corporate workforce. The firm reported a $3B net loss for the first six months of fiscal 2023. The upcoming layoffs will not affect workers at Walgreens' micro-fulfillment centers, call centers, or physical stores. - Walgreens is working to cut costs after reaching a $230M settlement with the city of San Francisco.
- San Francisco accused Walgreens of contributing to the city's opioid epidemic.
- Walgreens spokesperson Fraser Engerman said the firm is working to transform itself into a "consumer-centric healthcare company."
| 