The company said the job cuts would impact both full-time employees and contractors.
Tag Archive for: cost reduction
On the heels of cutting 100 jobs in Ireland, Pfizer is laying off around 500 workers from its Sandwich, Kent facility in the U.K. under its cost-reduction plan to save $3.5 billion through 2024.
The layoffs, set to take effect in late November, will impact about a third of Reata’s headcount. The workforce reduction comes just months after Biogen’s $7.3 billion Reata buy.
