Walgreens is laying off hundreds of workers, but its list of store closures in 2026 might not be as big as feared

The pharmacy chain, which was taken private last year, has confirmed that it will cut some employees as it focuses on improving the in-store experience. Walgreens will lay off hundreds of employees as the pharmacy chain continues to struggle with increased competition and higher-than-desired costs. On top of this, the newly private company is expected to close at least another few dozen retail stores in 2026. Here’s what you need to know.