Location: Cincinnati, Ohio, USA.
Based on news reporting.
Omnicare has announced the closure of one of its pharmacies in Cincinnati, resulting in the layoff of 36 employees. The decision to close the pharmacy was made due to ongoing financial challenges and a shift in the company's operational strategy. Employees were informed of the layoffs on October 1, 2023, as the company aims to streamline its services and reduce costs. This closure reflects broader trends in the pharmacy industry, where many companies are reevaluating their business models in response to changing market conditions.
Omnicare cut 36 jobs as of October 1, 2023.
That is roughly 0.4% of the 10,000 people Omnicare employs.
LayoffTalk has tracked 2 layoff events at Omnicare since October 2023, affecting a combined 100 employees.
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