Pfizer, a US-based multinational pharmaceutical company, plans to lay off 210 employees in Ireland. The Pfizer layoffs will be a part of cost-cutting measures and affect the manufacturing staff in the country. According to a report by FiercePharma, Pfizer's spokesperson explained the layoffs and said that reducing jobs was the very last resort for the company, and the team had been doing it to cut the costs and minimise the impact on the employees. This comes as Pfizer revealed its global plan to reduce costs by USD 4 billion by the end of this year and cut more costs by 2027. Samsung Layoffs: Tech Giant Cutting Thousands of Overseas Jobs To Improve Overall Efficiency, Starting From Southeast Asia to Australia and New Zealand.
Pfizer To Lay Off 210 Manufacturing Employees in Irish Plant to Cut Costs
Amid large cost-cutting drive, Pfizer plans manufacturing layoffs in Ireland https://t.co/XvIsooP2IR
— FiercePharma (@FiercePharma) October 1, 2024
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