Moderna to slash 10% of workforce amid Covid vaccine sales

July 31, 2025

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1 min read

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CNBC

In a memo to employees, Moderna CEO Stephane Bancel said the company expects to have fewer than 5,000 workers by the end of the year.

Moderna on Thursday said it plans to slash roughly 10% of its global workforce by the end of the year, as Covid shot sales continue to dwindle and the company grapples with uncertainty in the vaccine market. In a memo to employees, Moderna CEO Stepha... [1984 chars]

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Source: CNBC

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