Pfizer Announces Closure of Penicillin Unit in Sicily with Job Cuts
Pfizer (PFE) is restructuring its operations at a plant in Catania, Sicily, which will result in the closure of its penicillin production unit and approximately 330 job losses. The announcement was made by Italy’s three major chemical and pharmaceutical-sector unions: Filctem CGIL, Femca CISL, and Uiltec UIL. The decision reflects a broader strategic shift within Pfizer to optimize manufacturing operations and focus on higher-value products or areas of growth. While the move is expected to streamline costs for the company in the long term, it has raised concerns among local workers and unions about job security and economic impact in the region.
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Topics: Layoffs Pharmaceuticals Restructuring