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Industry's global jobs purge ongoing
Posted 7 May 2026 AM
The global downsizing of industry continues with BioNTech, the darling of the COVID-19 pandemic, slashing its manufacturing footprint - and 1860 jobs with it - along with much smaller trims by Gilead and Novartis this week.
In the face of diminishing sales of its Pfizer-partnered Covid vaccine, Comirnaty, BioNTech has decided to shutter manufacturing plants in Singapore and the German cities of Idar-Oberstein and Marburg. In addition, it will close the former headquarters of its CureVac subsidiary, also in Germany.
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Posted 7 May 2026 AM
The global downsizing of industry continues with BioNTech, the darling of the COVID-19 pandemic, slashing its manufacturing footprint - and 1860 jobs with it - along with much smaller trims by Gilead and Novartis this week.
In the face of diminishing sales of its Pfizer-partnered Covid vaccine, Comirnaty, BioNTech has decided to shutter manufacturing plants in Singapore and the German cities of Idar-Oberstein and Marburg. In addition, it will close the former headquarters of its CureVac subsidiary, also in Germany.
To see the whole article, please login
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