Pfizer Laying Off Workers in St. Louis. Company’s Cost Cutting Measures Continue

Pfizer is continuing its cost-cutting measures. It appears the company is taking a beating because of its reliance of their Covid  products. Unfortunately, the New York-based pharmaceutical company&rsquo;s valuation will likely  continue to decline. 
Last month, the company cut jobs in the United Kingdom, and in October, announced a &ldquo;cost cutting&rdquo; plan. This followed factory closings&nbsp;in North Carolina and New Jersey as well as workers being cut in Colorado and Illinois. &nbsp;