Pfizer targets $1.5 billion in savings by 2027 as it streamlines operations [Yahoo! Finance]
Pfizer, Inc. (PFE)
Last pfizer, inc. earnings: 4/28 06:45 am
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Source: Yahoo! Finance
The program will include operational efficiencies, network structure changes, and product portfolio enhancements, the company said. It expects to realize some cost savings from the program in 2025. The one-time charges related to the first phase of the program are expected to be about $1.7 billion, Pfizer said in a regulatory filing, adding it expects to record a majority of that this year. Pfizer launched a $4 billion cost-cutting program in late 2023. (Reporting by Bhanvi Satija in Bengaluru; Editing by Sriraj Kalluvila)
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PFE
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PFE
Earnings
- 5/1/24 - Beat
PFE
Sec Filings
- 6/11/24 - Form 11-K
- 6/11/24 - Form 11-K
- 6/4/24 - Form 4
- PFE's page on the SEC website