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CVS

CVS Workers Say Enough Is Enough

September 15, 2021 Michael Sainato, The Guardian. , , ,
Thousands of workers at CVS stores across California are demanding better pay, increased safety standards, healthcare improvements and more security for workers in new union contract negotiations. The demands followed the drug chain’s report of record profits over the past 18 months, in part due to keeping stores open throughout the pandemic and offering Covid-19 testing and vaccines in stores. CVS reported a profit of more than $7bn in 2020 and posted a $2.8bn profit in the second quarter of 2021. CVS is ranked the eighth largest retailer in the US based on 2020 sales and its parent company, CVS Health, is the fourth largest corporation in the US by revenue. CVS has offered a wage increase of just 5 cents an hour for most workers in the contract negotiations.

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