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Pfizer to cut over 200 jobs in Switzerland to reduce costs, Bloomberg News reports

Published by Global Banking and Finance Review

Posted on December 10, 2025

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Dec ‌10 (Reuters) - Pfizer will ‍cut ‌over 200 jobs in Switzerland ⁠as ‌part of its multi-year cost reduction program, ⁠Bloomberg News reported on Wednesday, ​citing people familiar with ‌the matter.

The ⁠drugmaker will reduce its workforce in the ​country to roughly 70 by the end of this year ​from ‍300, the ​report said, adding that the job cuts follow a broader downgrade of the Swiss ⁠unit within the company.

Pfizer did not ​immediately respond to a Reuters request for comment.

(Reporting by ‌Puyaan Singh in Bengaluru; Editing by Alan Barona)

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