Walgreens cuts 400 jobs, closes Illinois distribution center

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Walgreens cuts 400 jobs, closes Illinois distribution center
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The drugstore giant’s announcement comes six weeks after it rolled out plans to cut 504 corporate jobs in Chicago and Deerfield, or about 10% of its corporate workforce.

Walgreens Boots Alliance said Wednesday it will lay off almost 400 employees at an e-commerce shipping center in Edwardsville, Illinois.to cut 504 corporate jobsCEO Rosalind Brewer previously said the company is dealing with a “challenging operating environment” involving a “more cautious and value-driven consumer.”

But the company’s results also have been hit by legal settlements from opioid-related litigation. In the first nine months of its fiscal year ending May 31, Walgreens reported a net loss of $2.9 billion driven mostly by a $5.5 billion charge for opioid cases. The loss compared with a profit of $4.8 billion for the same nine-month period a year ago.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyWalgreens spokesman Marty Maloney said the Edwardsville site will close later this summer. He said drugstores will assume its work of fulfilling customer orders. “We are grateful for the many contributions our team members at this facility have made and we are committed to supporting them during this transition,” Maloney said.

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