Moderna to slash 10% of workforce as biotech cuts costs, Covid shot sales slow

cnbc.com/2025/07/31/moderna-to-slash-10percent-of-workforce-amid-covid-vaccine-sales.html

Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market.
In a memo to employees, Moderna CEO Stephane Bancel said the company expects to…

This story appeared on cnbc.com, 2025-07-31 11:33:37.599000.
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