NEW YORK — Pfizer said this week it plans to lay off 285 workers at its Pearl River campus in New York as the company struggles financially, in good part, due to declining demand for its COVID-19 vaccines and products, state records show.
The Pfizer job cuts will begin Feb. 12 and continue through late March, the company noted in a Worker Adjustment and Retraining, or WARN, notice posted Dec. 22 on the state Department of Labor website. The layoffs will slash about 28% of the 1,012 total workforce at the Pfizer facility in Rockland County.
Pfizer said “economic” conditions as the reason for the layoffs. In a statement Pfizer issued on Wednesday, the company described the job cuts in New York as part of its “enterprise-wide cost realignment program.” It noted U.S. workers who lose jobs will be offered a separation package, as well as the “opportunity to post for internal Pfizer roles.”