Novavax to cut 25% of global workforce
Novavax is trimming its global workforce in order to reduce costs and focus on key priorities such as delivering an updated COVID vaccine for the fall.
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Novavax is trimming its global workforce in order to reduce costs and focus on key priorities such as delivering an updated COVID vaccine for the fall.
Maryland-based Novavax announced it would be eliminating 25% of its workforce, but also announced positive results for its experimental combination COVID-influenza vaccine.
Novavax is laying off 25% of its workforce to slash expenses, the biotech company said Tuesday.
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