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Wednesday, 10 December 2025
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Aussie jobs go in latest cost-cutting

Posted 9 December 2025 AM

Pfizer's latest round of cost-cutting has hit Australia with undisclosed job losses as part of the company restructure.

Earlier this year, Pfizer announced further belt-tightening, unveiling extra savings of US$1.2 billion. It was the third time the company's cost realignment program had been revised, boosting the total reduction in spending by the end of 2027 to US$5.7 billion. 

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