🇺🇸 United States · Pharmaceuticals
Pfizer100IntegrityABAlbert BourlaChairman and CEO, 2019–, PfizerPromisedhow much yearly cost it would cut≥$4.0bn13 December 2023↗
🇺🇸 United States · PharmaceuticalsPfizer105IntegrityABAlbert BourlaChairman and CEO, 2019–, PfizerKepthow much yearly cost it would cut≥$4.0bn$4.0bn delivered4 February 2025↗
🇺🇸 United States · PharmaceuticalsPfizer105IntegrityABAlbert BourlaChairman and CEO, 2019–, Pfizer
Did Pfizer keep its promise to cut $4 billion in costs by the end of 2024? (plain)
The new promisePfizer said it would cut $4bn of yearly costs and reported it had.
Max Noble Odds: 50% chance he keeps it. They move with every call. Against the odds you win more, and lose more.
The small print, in plain words
- He promised
- At least $4bn of yearly costs cut by the end of 2024.
- He got
- Pfizer reported the $4bn target delivered.
- Why, says the company
- Pfizer ran a company-wide cost realignment programme.
- How bad
- Nothing: the promise was met. Score 100 → 105.
Read the promise ↗︎Pfizer Provides Full-Year 2024 Guidance (SEC 8-K), 13 Dec 2023Read the result ↗︎Pfizer full-year 2024 results, 4 Feb 2025 (Business Wire)