Thread regarding Moderna Therapeutics layoffs

Moderna to lay off 10% of workforce

Moderna is downsizing its workforce by 10% globally to bring headcount to under 5,000 in “a difficult moment for the company,” CEO Stéphane Bancel told employees in a note July 31.

https://www.modernatx.com/en-US/media-center/all-media/blogs/aligning-cost-structure-to-deliver-pipeline

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Moderna needs to be a 500 size company. Not a 5000 size company. This is the truth.

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