Walgreens lays off employees at HQ, scraps some bonuses and boosts cost-cutting goal to $1.8 billion

Walgreens laid off employees at its Deerfield, Ill., corporate headquarters last week and won't pay bonuses to store managers this year as it works to increase its cost-cutting goal to $1.8 billion annually.

The actions come as Walgreens, which has 18,750 stores worldwide, grapples with changes including how