operating expenses News

Moderna Announces Strategic Workforce Reduction to Streamline Operations Amid Declining Vaccine Demand

Moderna Inc. plans to cut 10% of its global workforce to reduce operating expenses, targeting under 5,000 employees by year's end. This decision follows a $1 billion net loss in Q1...

Intel Nears Completion of 15% Workforce Reduction, Aims for $17 Billion Savings by 2025

Intel Corporation is close to finalizing a 15% workforce cut, aiming for significant cost savings by 2025. The restructuring incurred $1.9 billion in Q2 charges, with the employee ...