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 ...

Drug maker Merck announced Tuesday it will embark on an initiative to cut $3 billion in costs 2027, including an undisclosed amount of layoffs. The global health care company, which has U.S.

Confirmation of that has come in the form of an update (PDF) from the New Jersey Department of Labour and Workforce ...

This week, Merck filed a notice in accordance with New Jersey's WARN Act, indicating it plans to eliminate 58 positions at ...

US PHARMACEUTICAL giant Merck & Co plans to cut around 6,000 jobs, mirroring similar cost-saving measures among rival drug ...

George Tidmarsh takes over temporarily at CBER following Vinay Prasad’s abrupt departure; Replimmune trial leaders protest ...

Adjusted earnings of $2.17 a share were the $2.02 analysts were anticipating, according to FactSet. However, second-quarter sales of $15.8 billion narrowly missed the $15.9 billion Wall Street had ...

Merck joins Big Pharma cost-cutting crowd, revealing plan to save $3B annually by 2027 By Kevin Dunleavy Jul 29, 2025 8:15am Merck layoffs Keytruda Gardasil ...

Merck is slashing $3 billion from its annual spending as it braces for off-brand competition to its cancer drug Keytruda, the best-selling medicine in the world.The drugmaker will cut ...