Pfizer Is Cutting Hundreds of Jobs in Switzerland to Lower ...

Pfizer Is Cutting Hundreds of Jobs in Switzerland to Lower ...

Is Pfizer’s Swiss team to see 200+ jobs being cut?

Pfizer is on a mission to cut costs, and how! The coming weeks will reportedly be witness to at least 200 jobs being axed in the company’s Switzerland operations. The drugmaker is planning to function with just a team strength of 70 by the end of this year, instead of the present 300, as per media reports. The objective is to save $7 billion over the next two years by following a multi-year cost-reduction strategy. The streamlining of operations…

Pfizer plans job cuts in Switzerland to reduce expenses

Pfizer is set to cut several jobs in Switzerland as part of a multi-year effort to lower expenses, as reported by Bloomberg.

Pfizer to Slash Over 200 Jobs in Switzerland as Part of Major Cost-Cutting Move – EUROP INFO

Pfizer Inc. is set to reduce its workforce in Switzerland by more than 200 employees as part of a broader cost-cutting initiative, Bloomberg News reports. The move comes amid mounting pressure on global pharmaceutical companies to streamline operations and enhance efficiency in an increasingly competitive market. This latest restructuring signals Pfizer’s efforts to optimize its European footprint while managing rising expenses in the banking an…

Pfizer to Slash 200 Jobs in Major Restructuring

In a comprehensive cost-cutting plan, Pfizer intends to eliminate more than 200 positions in Switzerland, according to a report by Bloomberg News on 11 December that cited people with knowledge of the situation. By the end of 2025, the pharmaceutical company plans to reduce its personnel in Switzerland from about 300 to about 70 workers, which will be one of its biggest reorganisations in the nation in recent memory.It is anticipated that the la…