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Benzinga
Benzinga
Business
Namrata Sen

Moderna Announces 10% Workforce Cut Amid Declining COVID-19 Vaccine Sales, Regulatory Hurdles

Kyiv,,Ukraine,-,December,01,,2020:,Moderna,Covid-19,Vaccine,Concept.

Moderna Inc. (NASDAQ:MRNA) has announced plans to reduce its global workforce by approximately 10% by the end of the year due to decreasing COVID-19 vaccine sales and market uncertainty.

Bancel Confirms Layoffs Amid Push To Slash $1.5 Billion In Costs

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