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Merck will reduce its workforce by approximately 6,000 employees in “some areas of our global workforce,” the New Jersey ...
Merck’s stock is falling after a rare revenue miss, and the announcement of a $3 billion cost-cutting plan that will include ...
Merck stock fell in premarket trading Tuesday after the pharmaceutical giant posted second-quarter earnings and said it would ...
Merck has characterized its cost-cutting initiative as more of a reallocation of resources to support other, higher-growth ...
Merck has launched a sweeping cost-cutting effort designed to save $3 billion annually by the end of 2027, the company said ...
Drug maker Merck announced Tuesday it will embark on an initiative to cut $3 billion in costs 2027, including an undisclosed ...
Global pharmaceutical company Merck (NYSE:MRK) met Wall Street’s revenue expectations in Q2 CY2025, but sales fell by 1.9% ...
Along with its financial results for the second quarter of 2025, Merck revealed a restructuring plan to save $3 billion by ...
Shares of global pharmaceutical company Merck (NYSE:MRK) fell 3.2% in the afternoon session after the company reported second ...
Merck & Co – known as MSD outside of the US and Canada – has unveiled a new cost-cutting plan aimed at saving $3bn every year ...
The Gardasil human papillomavirus virus vaccine remains Merck’s second best-selling drug behind cancer treatment Keytruda.
The multi-year effort comes as Merck prepares to offset revenue losses from the upcoming patent expiration of its blockbuster cancer drug Keytruda.
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