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Bookmark or Share- Pfizer, busy with $4B savings drive, plots even more cuts out ...In October 2023, Pfizer said it would move to cut $3.5 billion in costs by the end of 2024. Just two months later, the drugmaker added $500 million to the tally of planned cuts, for a total...
- Pfizer Launches $3.5 Billion Cost-Cutting Program Amid ...Topline. Pfizer is implementing a “cost realignment program” expected to save the pharmaceutical giant at least $3.5 billion as it prepares for revenue drops for its Covid-19 vaccine and...
- Pfizer to deepen cost cuts as latest sales forecasts miss ...Pfizer on Wednesday upped the target for its cost-cutting program, revealing the additional spending cuts alongside a sales forecast for 2024 that disappointed Wall Street analysts and sent shares down to their lowest levels in more than a decade.
- Pfizer announces new cost cutting programKey Points. Pfizer said it has launched a new multiyear program to reduce costs as it works to rebound from the rapid decline of its Covid business. The reductions are in addition to another $4...
- Pfizer expands cost cuts with new $1.5B target - BioPharma DivePfizer, already in the midst of an aggressive effort to trim spending, on Wednesday disclosed new plans to cut at least $1.5 billion in additional costs over the next several years.
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