Cardinal Health Inc. is formalizing its operations into two segments -- health-care supply-chain services, and clinical and medical products -- and in doing so will cut about 600 jobs, or roughly 1.5% of its work force.
The company also disclosed a review of several operations, including its outsourced-hospital-pharmacy-management services, which could lead to their sale.
Cardinal Health had already segmented its operations broadly into two units, with two segments in each of them. Tuesday's announcement formalizes "the organization we began to put in place 18 months ago and will make us ...
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