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The company expects to be profitable in 2025. [ 2 ] In July 2023 due to a disappointing sales ramp-up of the recently approved sleep drug daridorexant , coupled with disappointing trial results in both clazosentan and lucerestat , Idorsia announced layoffs of up to five hundred staff of its one thousand two hundred total employees, to reduce ...
In June 2023, Viatris was named to the Forbes Global 2000 list of the world's largest companies. [24] In October 2023, Viatris reached agreements to divest from almost all of its OTC business, its women’s healthcare business, and its India-based active pharmaceutical ingredients business for a total of about $3.6 billion. [25]
At one point in March 2021, Groton site leader John Burkhardt told me that about 200 scientists were working on developing the initial Pfizer COVID vaccine out of about 2,600 direct employees there.
The start of 2025 could herald a new return to office push. Corporate giants like Amazon and AT&T announced at the end of 2024 that they would bring their employees back into the office five days ...
Women who work entered the year on a high note, with sky-high employment numbers thanks, in part, to the rapid expansion of industries such as health care and education. “This is historic and ...
Finance and human resources software company Workday is laying off 1,750 employees, essentially cutting down its total workforce by 8.5%.. Workday CEO Carl Eschenbach said in a note to employees ...
Notices to dozens of so-called "term employees," full-time workers on contracts with end dates, began arriving Thursday evening, letting them know they were being terminated the same day, accordi
The affected employees will receive a payment equivalent to their wages and benefits as if they were employed through Jan. 14, 2025.” WARN requires a 60-day notice before a mass layoff or plant ...