Valneva to cut up to 15% of jobs as reduced travel hits vaccine demand
French vaccine maker Valneva is laying off 10% to 15% of its workforce and reducing revenue projections due to "an emerging adverse trend in travel vaccine uptake across key markets." The drugmaker
May 13, 2026 01:46 PM EDT PeoplePharma Valneva to cut up to 15% of jobs as reduced travel hits vaccine demand Kyle LaHucik Biotech Correspondent French vaccine maker Valneva is laying off 10% to 15% of its workforce and reducing revenue projections due to “an emerging adverse trend in travel … Sign up to read this article for free. Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox. SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER
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