Geron Corporation Announces Workforce Reduction and $18 Million Restructuring Charge

Reuters12-17

Geron Corporation Announces Workforce Reduction and $18 Million Restructuring Charge

Geron Corporation has announced a strategic restructuring plan aimed at enhancing long-term value for patients and shareholders while improving financial discipline. Approved by the Board of Directors on December 10, 2025, the plan includes a workforce reduction of approximately one-third of its 260 employees. The company expects to incur around $18 million in restructuring charges, mainly from severance payments and related employee costs, with most cash payments anticipated by the end of the first quarter of 2026. The restructuring is expected to be substantially completed in early 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Geron Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000886744-25-000074), on December 16, 2025, and is solely responsible for the information contained therein.

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