Pfizer plans more cost cuts, expanding total savings to $7.7B

Pfizer is expanding its multibillion-dollar cost-cutting effort that began in 2023, announcing $1.7 billion in new planned reductions. The new round of cuts disclosed Tuesday is part of Pfizer’s "cost realignment" program, with $1.2 billion ...

Apr 29, 2025 - 12:20
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Pfizer plans more cost cuts, expanding total savings to $7.7B
Pfizer is expanding its multibillion-dollar cost-cutting effort that began in 2023, announcing $1.7 billion in new planned reductions. The new round of cuts disclosed Tuesday is part of Pfizer’s "cost realignment" program, with $1.2 billion ...