(CNN) — Hourly Walgreens employees will no longer receive paid time off for six major holidays, including Thanksgiving and Christmas, according to reporting from CNN.
The change comes about a month after the pharmacy giant was acquired by private equity firm Sycamore Partners. It follows recent workforce reductions — Walgreens announced last month it was laying off about 80 corporate employees.
The company has been undergoing significant restructuring efforts. Last year, Walgreens said it planned to close approximately 1,200 underperforming stores nationwide.
Walgreens has not responded to CNN’s request for comment.
Austin Pollack brings us an update on a remarkable young man facing great odds, and his family has one simple request: pray for Cole. I believe in the power of prayer and hope you'll join me in lifting up Cole and his family.
- Carrie Sharp
