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Geron rises on plan to cut workforce

ReutersDec 11, 2025 3:04 PM

Shares of Geron Corp GERN.O rise 4.3% to $1.33

Geron announces strategic restructuring plan to reduce workforce by a third, or about 260 roles

Co expects to complete restructuring in Q1 2026

Adds that it will incur restructuring charges consisting primarily of cash-based expenses in connection with plan

Including session moves, stock down 63.3% YTD

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