Pfizer plans to cut around 330 jobs at its plant in Sicily, according to labor unions. The move follows unsuccessful negotiations between the pharmaceutical company and Italy’s industry ministry. The plant currently employs 550 people.
Pfizer is the latest international company to downsize operations in Italy. The industry ministry said dialogue is ongoing. Further talks are scheduled for November 10, and a ministerial visit to the plant is planned for October 23.
At the ESMO 2026 conference, Pfizer presented positive long-term survival data for its advanced bladder cancer treatment, Padcev. The company also maintained its quarterly dividend.