Moderna plans to slash 10% of workforce as COVID shot sales slow

foxbusiness.com/markets/moderna-plans-slash-10-workforce-covid-shot-sales-slow

Biotech company Moderna said Thursday it plans to cut 10% of its global workforce and expects to have fewer than 5,000 employees by the end of the year.
The move is part of the company's ongoing effort to lower its annual operating expenses by around $1.5 billion by 2027, Moderna CEO…

This story appeared on foxbusiness.com, 2025-07-31 21:47:46.
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