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Why is Pfizer cutting jobs?

While the story doesn't state Pfizer's exact reasons, large pharmaceutical companies like Pfizer often restructure their global operations to improve efficiency and reduce costs. This can involve consolidating production sites, automating processes, or shifting focus to new drug development, leading to job cuts in older facilities like the one in Sicily.

Stories that explain this

Pfizer cutting about 330 jobs at its Sicily plant in Italy

Related explainers

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