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Novavax to cut 25% of global workforce

Por: Fox Business Business May 09, 2023

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DoubleLine Deputy CIO Jeffrey Sherman predicts that the Fed will 'hike' rates to avoid 'upsetting the market.' Vaccine maker Novavax announced Tuesday that it's by 25% in an effort to significantly cut down on expenses and shift its focus to key priorities.  The cuts will affect 20% of full-time Novavax employees. The rest will of the cuts will impact contractors and consultants, according to a filing with the... + full article



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