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Cybersecurity Issues Hits Stop & Shop Cybersecurity Issues Hits Stop & Shop
Cybersecurity Issues Hits Stop & Shop A cybersecurity “issue” has led the parent company of a supermarket chain to disconnect some systems to protect them. Ahold Delhaize USA said it recently detected a cybersecurity issue within its US network. "Immediately upon detecting the issue, our security teams began an investigation with the assistance of external cybersecurity experts," the company said. "We also notified law enforcement." The move affects: Stop & Shop, which has around 400 locations in New England, New York, and New Jersey; Hannaford, with stores in eastern upstate New York and New England; Giant Company, with…

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by Joe Lombardi
Business
CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…

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by Joe Lombardi