Geron Corporation Announces Workforce Reduction and $18 Million Restructuring Charge
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Geron Corporation has announced a strategic restructuring plan, approved by its Board of Directors, involving a workforce reduction of about one-third of its 260 employees. The plan aims to enhance long-term value and improve financial discipline, with an expected $18 million in restructuring charges. The restructuring is anticipated to be completed by early 2026, with most cash payments made by the end of Q1 2026.
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