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 and finance sectors tied to its business operations.
Pfizer Announces Significant Workforce Reduction in Switzerland Amid Cost-Cutting Measures
Pfizer is set to undergo significant restructuring in its Swiss operations, with over 200 positions slated for elimination as part of a broader strategy to optimize expenses. The pharmaceutical giant aims to streamline its operations amid increasing economic pressures and evolving industry dynamics. Sources close to the company indicate that affected roles encompass a range of departments,…
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Author : Ethan Riley
Publish date : 2025-12-11 11:43:00
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