Merck has characterized its cost-cutting initiative as more of a reallocation of resources to support other, higher-growth areas of its business.

Merck has begun the 8% reduction of its workforce—an initiative that the company revealed two weeks ago—with the dismissal of ...

Meanwhile, mRNA vaccine maker Moderna is cutting around 500 jobs (10% of its workforce) as part of a commitment to save $1.5 ...

Merck to cut 500 US jobs Citing a need to shift resources to different research and development projects, Merck said it will eliminate 500 U.S. jobs by Jan. 3, according to EndPoints News.

Merck layoffs 2025: The company plans to cut approximately 6,000 jobs globally as part of a restructuring initiative targeting $3 billion in annual cost savings by 2027, the company confirmed in a ...

TRENTON, N.J. – Pharmaceutical giant Merck & Company, under siege over revenues lost since it recalled arthritis drug Vioxx, will have cut about 5,100 jobs by year’s end, 700 more than first planned, ...

Merck & Co.’s cancer wunderkind Keytruda continues to turn in supercharged sales, $2.27 billion in the first quarter, which bodes well for the future of biologics manufacturing jobs at the company.

TRENTON, N.J. — Drugmaker Merck & Co., squeezed by Vioxx lawsuits, tumbling revenues and other troubles, is eliminating 7,000 jobs and five production plants and revamping manufacturing in the ...

German science and technology company Merck is once again cutting jobs in the face of weakening business. Merck, which is based in the western German city of Darmstadt, will cut up to 230 jobs in ...