Walgreens To Lay Off 370 Corporate Employees
CHICAGO (STMW) -- Walgreens will eliminate about 370 positions from its corporate support offices — 270 of them in Chicago.
The job cuts, which will not affect any stores, are part of the company's ongoing restructuring and cost-reduction plan that was announced a year ago, company spokesman James Graham said in a statement.
The cuts will let the Deerfield-based parent company, Walgreens Boots Alliance Inc., reduce management layers and consolidate similar job functions, Graham said.
The employees slated to be let go will be offered severance packages and will get a 60 days' notice, he said.
Walgreens still employs 23,000 people across Illinois.
(Source: Sun-Times Media Wire © Chicago Sun-Times 2015. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)