British biopharmaceutical company GlaxoSmithKline will lay off 150 employees in its Cambridge operations by the end of March ...

With GSK kicking its research and development engine into high gear in recent years, a shuffling of the scientific priorities ...

US stocks rose on Thursday with Microsoft edging closer to a $4tn market cap, following Nvidia which reached the milestone earlier this month.Elsewhere, there continues to be reaction to Rachel Reeves ...

GSK cut its full-year vaccine sales outlook after key shots for respiratory syncytial virus and shingles missed expectations in the third quarter due to weak U.S. demand.

Electronics maker Panasonic Holdings is trimming 10,000 jobs from its workforce. The company announced the job cuts as part of a broader effort to increase its profitability moving forward.

Microsoft Corp. will conduct another round of major layoffs in its Xbox division next week as part of a company-wide reorganization. Managers within Xbox are expecting substantial cuts across the ...

U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year, citing lower-than-expected demand. The company said it's now expecting a low single-digit fall in vaccine sales this ...

The layoffs are the latest indication of Health and Human Services Secretary Robert F. Kennedy Jr.’s drastic effort to completely remake the nation’s public health infrastructure.

Many workers are increasingly concerned about job security, as AI changes loom. Jassy's memo proves they're right to worry — the cuts are coming, whether workers are ready or not.

During an overseas banking conference, officials with Cincinnati-based Procter and Gamble announced the company will cut 7,000 non-factory jobs.

U.S.-based employers announced 105,411 job cuts in April, down 62% from March but up 63% from those announced in March 2024, according to the Challenger report released on Thursday.

U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.