Companies
Pfizer
PharmaceuticalsNew York, New YorkPFEAbout 75,000 employees
WorkHush has 4 source-backed updates on Pfizer workforce changes since February 2026. The latest, added October 16, 2026: About 150 jobs cut at Portage, Michigan manufacturing plant (confirmed reduction). Read it with sources ›
More about Pfizer
Drugmaker that develops and sells prescription medicines and vaccines for cancer, heart disease, infections and immune disorders
Revenue
$62.6B
Fiscal 2025, down 1.6%
Employees
About 75,000
As of December 2025
Stock
PFE
New York Stock Exchange
Headquarters
New York, New York
CEO
Albert Bourla
Since January 2019
BrandsEliquis (with BMS), Prevnar, Vyndaqel, Paxlovid, Comirnaty, Padcev
Current strategyCutting overhead and manufacturing costs, with cumulative cost-realignment savings expected to reach $6.7B
Recent workforce changesExpanded cost-cutting by $2.5B in August 2026, mostly through 2029; job counts not disclosed
CompetitorsMerck, Johnson & Johnson, AstraZeneca
Related companiesMerckBristol Myers SquibbJohnson & Johnson
Checked October 11, 2026 · Sources: sec.gov, dcatvci.org
Pfizer · Confirmed reductionAbout 150 jobs cut at Portage, Michigan manufacturing plantPfizer confirmed the layoffs in a statement October 13, 2026 · Sources: WKZO, Michigan News SourcePfizer · Company report$391 million Q2 restructuring charge, mainly employee terminationReported in second-quarter 2026 results August 4, 2026 · Source: SEC Form 8-K (Pfizer earnings release)Pfizer · Reported planAbout 330 jobs to be cut at Catania, Italy plantReported July 2, 2026; unions said Pfizer confirmed layoffs October 6, 2026 · Sources: Il Sole 24 Ore Radiocor, Il Sole 24 Ore Radiocor, Eurofound European Restructuring MonitorPfizer · Company reportHeadcount fell to about 75,000 from about 81,000Annual report filed February 26, 2026 (year ended December 31, 2025) · Sources: SEC Form 10-K (FY2025), SEC Form 10-K (FY2024)
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