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

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

Merck & Co on Tuesday announced job and cost cuts that it said will save $3 billion a year, after it posted lower second-quarter results due to persistently weak demand for its Gardasil vaccine in ...

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 ...

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

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.

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 ...

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. (AP) -- Embattled drugmaker Merck & Co. said Monday it will cut 7,000 jobs -- 11 percent of its work force -- and close or sell five manufacturing plants in the first phase of a ...

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 ...