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Pfizer to cut 100 jobs at Newbridge manufacturing plant [Ireland]
RTÉ News ^ | Tuesday, 7 Nov 2023 16:58 | Will Goodbody, Business Editor

Posted on 11/07/2023 10:42:39 PM PST by Olog-hai

Pharmaceutical company Pfizer is to reduce the number of people it employs at its manufacturing plant in Newbridge, County Kildare by 100.

The move is part of a wider restructuring process arising from a significant drop in demand for its COVID-19 vaccines and treatments. […]

Pfizer had recently announced that it planned to cut its global costs by $3.5 billion over the next year because of the fall off in sale of its COVID-19 vaccine and Paxlovid anti-viral treatment.

The company said it expects revenues from its Comirnaty vaccine to fall 70% this year compared to 2022 levels due to the easing of the pandemic and sales of Paxlovid are predicted to be down 95%. …

(Excerpt) Read more at rte.ie ...


TOPICS: Business/Economy; Health/Medicine; Local News
KEYWORDS: bigpharma; bigprofit; covid1984; europe; fartyshadesofgreen; ireland; pfizer

1 posted on 11/07/2023 10:42:39 PM PST by Olog-hai
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To: Olog-hai

Because people have woken up to their lies.


2 posted on 11/07/2023 10:53:15 PM PST by Vahan1987
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To: Vahan1987

This set of lies, certainly.

Thousands more lies to go.


3 posted on 11/07/2023 10:59:09 PM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

C’mon people, go out tomorrow and get several boosters to support them.


4 posted on 11/07/2023 11:07:01 PM PST by nickcarraway
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To: Olog-hai

good news.


5 posted on 11/07/2023 11:57:54 PM PST by dadfly
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