CVS (CVS) is reportedly speaking with advisers for a strategic review of its business and will lay off nearly 3,000 employees, according to the Wall Street Journal. This comes after CVS faces potential activist pressure from one of its major shareholders, Glenview Capital Management.

Morning Brief Hosts Seana Smith and Brad Smith report more on the story and discuss what a new business structure could look like for the company.

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This post was written by Melanie Riehl