Pfizer will continue operating in Lee County after consolidating facilities. The move comes 18 months after Pfizer confirmed it would close two Triangle sites.

Pfizer Inc. is cutting at least another $1.2 billion from its spending while the company searches for its next big hit after the failure of its obesity pill. The New York City-based drugmaker’s ...

That wasn’t enough to encourage investors. Pfizer’s shares fell as much as 2.6% after the markets opened in New York. The new cuts Tuesday come as the drugmaker struggles to find sources of ...

will mean more job losses at the group’s Irish operations. Pfizer said it will cut another $1.7 billion (€1.5 billion) in costs by the end of 2027. This is the third round of cuts announced by ...

Pfizer on Tuesday expanded its cost-cutting efforts and reported first-quarter profit that topped estimates, even as the company's sales fell, largely due to dwindling revenue for its antiviral ...

Pfizer has a separate multiyear initiative to slash costs, with the first phase of the effort slated to deliver $1.5 billion in savings by the end of 2027. With the added cuts announced Tuesday ...

(Reuters) -Pfizer said on Tuesday it would generate $1.7 billion more in savings from cost cuts to its manufacturing and research operations, highlighting its operational efficiency even as it ...

Photo: ABC News Pfizer on Tuesday reaffirmed its outlook for the year, and announced another round of cost cuts as the beleaguered drugmaker looks to turn around its business postpandemic.