Valneva to cut up to 15% of jobs as reduced travel hits vaccine demand

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