Massachusetts-based vaccine maker Moderna on Thursday announced plans to cut its workforce by approximately 10%. Moderna CEO Stéphane Bancel notified employees of the decision. His memo explained that the company is committed to cutting operating expenses by approximately $1.5 billion by 2027. Bancel said efforts to trim research and development, renegotiate supplier agreements and cut manufacturing costs were insufficient to …
Read More »Cambridge-based Moderna announces plan to cut workforce by 10%
