XLV - Pharmacy Workers Strike At CVS and Walgreens Echoing Wider Pharma Sector Unrest | Benzinga
In a recent surge of labor unrest, pharmacy employees from CVS Health Corporation (NYSE: CVS) and Walgreens Boots Alliance, Inc. (NASDAQ: WBA) raised their voices by calling out sick or walking out entirely last week.
What Happened: These actions were a protest against what they described as insufficient staffing and escalating job demands, which they believed are compromising the safety of their work environment.
The grassroots movement, known on social media as "Pharmageddon," is part of a more significant wave of worker activism that has impacted sectors like automotive manufacturing and entertainment.
The protests were primarily driven by nonunion workers and have reportedly affected several pharmacy locations, as reported by The New York Times.
Expressing solidarity with the movement, Bled Tanoe, a pharmacist based in Oklahoma City, told the newspaper that she has been actively disseminating information about the walkouts.
Ms. Tanoe, who previously worked for Walgreens and is now employed by a hospital, shared her concerns about the pharmacy chains' longstanding push for increased efficiency at ...