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Jobs go in major cost-cutting
Posted 30 July 2025 PM
MSD is the latest Big Pharma to announce sweeping cost cuts that will involve job losses plus a downsize of the company's real estate footprint in a bid to save US$3 billion by 2027.
The announcement was made during the company's second quarter results which showed sales were down two per cent on the same time last year from US$16.1 billion to $15.8 billion.
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Posted 30 July 2025 PM
MSD is the latest Big Pharma to announce sweeping cost cuts that will involve job losses plus a downsize of the company's real estate footprint in a bid to save US$3 billion by 2027.
The announcement was made during the company's second quarter results which showed sales were down two per cent on the same time last year from US$16.1 billion to $15.8 billion.
To see the whole article, please login
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