Pfizer Confirms to Cut Workforce by 2%

Pfizer Confirms to Cut Workforce by 2%

Submitted by admin on October 18, 2018 - 11:31am
Source: 
TheStreet.com
News Tags: 
Pfizer
layoffs
reorganization
Headline: 
Pfizer Confirms to Cut Workforce by 2%
snippet: 

Drugmaker Pfizer Inc.  (PFE - Get Report) is looking to cut its total workforce of 90,000 "by a couple percentage points," TheStreet confirmed on Thursday, Oct. 18.

The staff cuts "will affect some managerial roles and responsibilities," said company spokeswoman, Sally Beatty, in an email to TheStreet.

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