Market Chatter: Pfizer Plans to Cut About 330 Jobs at Italy Plant
MT newswire2026/10/07 15:3311:33 AM EDT, 10/07/2026 (MT Newswires) -- Pfizer (PFE) plans to cut about 330 jobs at its Sicily plant in Italy, Reuters reported Wednesday, citing labor unions. Talks between Pfizer and Italy's industry ministry did not yield results. The plant currently employs about 550 people, according to the report. Industry Minister Adolfo Urso is scheduled to visit the plant Oct. 23, with another meeting between Pfizer and the ministry planned for Nov. 10, the report added. Pfizer didn't immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 27.53, Change: -0.60, Percent Change: -2.12
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