Pfizer plans to shutter New Jersey campus, discloses layoffs amid $3.5B cost-cutting drive

After plunging COVID revenues prompted Pfizer to embark on a cost-cutting crusade, more details about the company's savings efforts are coming into focus.

Following prior rounds of cuts in Illinois and Colorado, Pfizer is downsizing in New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) alert from the Garden State.