CVS Health Corporation (CVS)

[DiscoverGold]

CVS Health says furloughed workers from Hilton and Marriott will fill some of 50,000 newly-open jobs
By: MarketWatch | March 23, 2020

CVS Health Corp. CVS, -1.22% said it has 50,000 immediate job openings across full-time, part-time and temporary roles. Jobs include store associates, delivery drivers and distribution center workers. CVS says many of the positions will be filled by furloughed workers at clients including Marriott International Inc. MAR, +11.64% and Hilton Worldwide Holdings Inc. HLT, +6.15%. CVS is adding two employee benefits: child and elder or adult care services, and 24 hours of paid sick leave for part-time employees. The sick leave benefit is in addition to a 14-day paid sick leave benefit for those who test positive for coronavirus or need to be quarantined due to exposure. CVS is also giving bonuses in the range of $150 to $500 to pharmacists, store associates and other employees. CVS stock has fallen 2.4% over the past year while the S&P 500 index SPX, -4.33% has slumped 17.7% for the period.

Read Full Story »»»

DiscoverGold