Pfizer to Stop Some Operations at Sandwich, UK Site; 500 Jobs Affected
2023年11月15日 - 6:45PM
Dow Jones News
By Ian Walker
Pfizer plans to stop Pharmaceutical Sciences Small Molecule
operations at its site in Sandwich, Kent, England with the loss of
around 500 jobs.
The pharmaceutical giant--which has previously announced an
enterprise-wide cost realignment program--said Wednesday that its
other functions at Sandwich will continue.
Pfizer employs around 2,500 people in the U.K. across four
sites, of which 940 are employed at Sandwich.
"We are proud of our heritage of breakthrough science in the
U.K. and we will retain a scientific presence in the U.K. including
at our Discovery Park location in Sandwich," the company said.
Earlier this month Pfizer said that it was closing facility in
Peapack, N.J., with the loss of 791 jobs according to a Workers
Adjustment and Retraining Notification filed with the state.
Pfizer announced workforce cuts last month as it slashed its
revenue guidance for the year by $9 billion, to between $58 billion
and $61 billion, with sales of its Covid-19 vaccine drying up.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
November 15, 2023 04:30 ET (09:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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