Walgreens Cuts 628 Jobs to Streamline Operations After Private Equity Takeover

A Significant Workforce Reduction Takes Shape (Image Credits: Unsplash)

Deerfield, Illinois – Walgreens disclosed plans to eliminate 628 positions in Illinois and Texas as the pharmacy chain pursues a leaner structure following its recent acquisition by private equity firm Sycamore Partners.[1][2]

A Significant Workforce Reduction Takes Shape

The layoffs target 469 employees at the company’s headquarters in Deerfield, Illinois. Another 159 positions will end in Texas, tied to the closure of a distribution center in Houston. Notices went out earlier this month, with some cuts effective June 1.[1]

Walgreens described the move as a tough but necessary step. The retailer aims to simplify its support center and field leadership roles. Executives believe faster decision-making will enhance service for customers and patients nationwide.[2]

New Ownership Drives Organizational Changes

Sycamore Partners completed its $10 billion purchase of Walgreens in September 2025, taking the company private. The deal led to a split into five independent entities: Walgreens, The Boots Group, Shields Health Solutions, CareCentrix, and VillageMD.[1]…

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