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News  ›  GlobeNewswire Inc.

Geron Corporation Announces Strategic Restructuring Plan to Position the Company for Long-Term Value Creation

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Harout Semerjian
Geron Corporation Announces Strategic Restructuring Plan to Position the Company for Long-Term Value Creation

Geron Corporation plans to reduce workforce by one-third and streamline operations to improve financial discipline, focusing on RYTELO commercial growth and clinical development while reducing 2026 operating expenses.

Insights
AMZN   neutral

Mentioned as a partnership for Rivian, but no specific performance details provided


GERN   neutral

The company is proactively managing costs and maintaining strategic focus, but the workforce reduction suggests potential challenges in current business operations