Pharmaceutical giant Pfizer confirmed it will be closing down two of its facilities in North Carolina amid a cost-cutting initiative after it revealed that sales of its COVID-19 vaccine and other products would see a drop.

The company told multiple local media outlets that it would be closing its sites in Durham and Morrisville, saying the closures are part of an effort “to operate more efficiently and effectively.”

“As part of this effort, Pfizer has decided to close the Kit Creek facility in Morrisville … and the Durham Clinical Manufacturing Facility,” the company said, according to the Triangle Business Journal. “Pfizer continues to operate its largest North Carolina facilities, including two in Sanford and one in Rocky Mount.”

It’s not clear how many workers would be impacted or laid off. The Epoch Times has contacted the company for comment Monday.

All job-related decisions will be made with transparency, compassion, and respect, and in compliance with applicable laws,” Pfizer told the News & Observer publication. And any employee who is impacted by the closures will be offered a “generous separation package,” Pfizer told ABC11 TV, or will be given the chance to apply for another position.

Morrisville Mayor T.J. Cawley suggested that some workers might be laid off, according to the paper. Multiple Pfizer employees who had worked at the two North Carolina facilities listed the hashtag OpenToWork on their LinkedIn profiles in recent days.