health industry

  1. Pfizer Cuts 500 Jobs in U.K. Amid $3.5B Cost-Cutting After COVID Sales Slump

    Europe Pfizer Cuts 500 Jobs in U.K. Amid $3.5B Cost-Cutting After COVID Sales Slump

    Pfizer is set to cut 500 jobs at its Sandwich, Kent site in the U.K. as part of its $3.5 billion cost-cutting plan, a response to lower-than-expected sales of its COVID-19 vaccine and treatment, leading to its first quarterly loss since 2019. The U.S. drugmaker, with a global workforce of...
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