Tag: Albert Bourla

Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline

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Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC.  A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its…

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Pfizer aims to save $1.5 billion by 2027 in first wave of new cost cuts

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Exterior view of the Pfizer headquarters building in New York City on Jan. 29, 2023. Kena Betancur | Corbis News | Getty Images Pfizer on Wednesday said it has launched a new multiyear program to reduce costs as it works to rebound from the rapid decline of its Covid business.  The announcement is in addition…

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