Based on news reporting.
Moderna, Inc. has announced a layoff affecting 10% of its workforce, translating to approximately 300 employees. This decision comes as the company faces financial pressures due to a dwindling cash reserve. The layoffs are part of a broader strategy to manage costs and adapt to changing market conditions. Moderna's leadership has indicated that these cuts are necessary to ensure the company's long-term sustainability. The layoffs are effective immediately, reflecting the urgency of the company's financial situation.
Moderna, Inc. cut 300 jobs as of October 1, 2023.
That is roughly 5.4% of the 5,600 people Moderna, Inc. employs.
LayoffTalk has tracked 8 layoff events at Moderna, Inc. since October 2023, affecting a combined 11,601 employees.
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