(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.
This is a story I immediately went home and showed my boys - young athletes with big dreams. The Vanderbilt football team's success has stolen the spotlight - what I love about Steve Layman's story is he reveals the individual hardships it took to get there. As Clark Lea says, "we all have scuff marks." This team proves perseverance pays off!
- Carrie Sharp
