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Realty Income, a net lease REIT headquartered in San Diego, has closed on a $1-billion, multicurrency term loan

CVS Plans Its Biggest Hiring Drive in Response to COVID-19

In response to the COVID-19 pandemic, CVS Health said it’s embarking on the most ambitious hiring drive in the company’s history. The Woonsocket, RI-based pharmacy chain plans to immediately fill 50,000 full-time, part-time and temporary roles across the country.

Roles include store associates, home delivery drivers, distribution center employees and member/customer service professionals. The company will utilize a technology-enabled hiring process that includes virtual job fairs, virtual interviews and virtual job tryouts.

Many roles will be filled by existing CVS Health clients who have had to furlough workers, including Hilton and Marriott.

The company is also awarding bonuses to employees who are required to be at CVS facilities during the pandemic. Bonuses will range from $150 to $500, and will be awarded to pharmacists and certain other health care professionals on the frontlines, store associates and managers, and other site-based hourly employees.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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