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Bristol-Myers Squibb Company

BMYHealthcare· Princeton, NJ, United States
LAYOFFS TRACKED
27
LAST EVENT
Apr 22, 2026
MARKET CAP
$116.28B
EMPLOYEES
34,100

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It offers products for hematology, oncology, cardiovascular, immunology, fibrotic, and neuroscience diseases. The company's products include Eliquis for reduction in risk of stroke/systemic embolism in non-valvular atrial fibrillation, and for the treatment of DVT/PE; Opdivo for various anti-cancer indications, including bladder, blood, CRC, head and neck, RCC, HCC, lung, melanoma, MPM, stomach and esophageal cancer; Pomalyst/Imnovid for multiple myeloma; Orencia for active rheumatoid arthritis and psoriatic arthritis; and Sprycel for the treatment of Philadelphia chromosome-positive chronic myeloid leukemia. It also provides Yervoy for the treatment of patients with unresectable or metastatic melanoma; Empliciti for the treatment of multiple myeloma; Abecma for the treatment of relapsed or refractory multiple myeloma; Reblozyl for the treatment of anemia; Opdualag for the treatment of unresectable or metastatic melanoma; and Zeposia to treat relapsing forms of multiple sclerosis. In addition, the company offers Breyanzi for the treatment of relapsed or refractory large B-cell lymphoma; Onureg for the treatment of AML; Inrebic for the treatment of myelofibrosis; Camzyos for the treatment of symptomatic obstructive HCM to enhance functional capacity and symptom; Sotyktu for the treatment of moderate-to-severe plaque psoriasis; Augtyro for the treatment of locally advanced or metastatic ROS1-positive NSCLC; Revlimid, an oral immunomodulatory drug for the treatment of multiple myeloma; and Abraxane to treat breast cancer, NSCLC and pancreatic cancer. It sells products to wholesalers, distributors, pharmacies, retailers, hospitals, clinics, and government agencies. The company was formerly known as Bristol-Myers Company. Bristol-Myers Squibb Company was founded in 1887 and is headquartered in Princeton, New Jersey.

Layoff history

EVENTS PER QUARTER · HOVER FOR EMPLOYEE COUNTS

Q4 '23: 8 eventsQ1 '24: 0 eventsQ2 '24: 0 eventsQ3 '24: 0 eventsQ4 '24: 0 eventsQ1 '25: 1 eventsQ2 '25: 4 eventsQ3 '25: 3 eventsQ4 '25: 2 eventsQ1 '26: 4 eventsQ2 '26: 1 eventsQ3 '26: 0 events
Q4 '23Q1 '24Q1 '25Q1 '26Q3 '26

Layoff timeline

27 EVENTS
Apr 22, 2026News

Bristol-Myers Squibb Company has filed a WARN notice indicating that 206 jobs will be affected. This notice suggests that the layoffs are imminent, although specific details regarding the location and departments impacted have not been disclosed. The company has not provided explicit reasons for the layoffs, but such notices typically indicate a significant workforce reduction. The filing of the WARN notice is a formal step that often precedes layoffs, signaling potential changes in the company's operational strategy.

Mar 13, 2026WARN notice
Feb 12, 2026WARN notice
Jan 1, 2026News

Bristol-Myers Squibb Company has announced plans for workforce reductions in 2026 as part of a strategic realignment. While specific numbers of employees affected have not been disclosed, the company is preparing for significant changes in its operations. The decision reflects ongoing adjustments in response to market conditions and aims to enhance operational efficiency. Further details regarding the exact timing and scope of the layoffs are expected to be clarified as the date approaches.

Oct 24, 2025WARN notice
Oct 24, 2025WARN notice
Jul 3, 2025WARN notice
May 7, 2025News

Bristol Myers Squibb (BMS) has announced that it will idle 516 employees in New Jersey as part of a cost-saving initiative. This decision reflects the company's ongoing efforts to streamline operations and reduce expenses. The layoffs are part of a broader strategy to enhance efficiency within the organization. While specific departments affected were not mentioned, the move indicates a significant workforce adjustment in the region. The company has not provided a timeline for when these layoffs will take effect.

May 6, 2025News

Bristol-Myers Squibb Company has announced plans to cut over 500 jobs as part of a restructuring initiative. This decision reflects the company's efforts to streamline operations and adapt to changing market conditions. The layoffs are part of a broader strategy to enhance efficiency and focus on key areas of growth. While specific details regarding the affected locations and departments have not been disclosed, the move underscores the company's commitment to optimizing its workforce amidst ongoing challenges in the pharmaceutical industry.

Feb 28, 2025News

Bristol Myers Squibb (BMS) has announced layoffs that will affect 223 employees in New Jersey. This decision is part of the company's ongoing restructuring efforts. The layoffs are expected to impact various roles within the organization, although specific departments have not been detailed. This move reflects BMS's strategy to streamline operations and adapt to changing market conditions. The company continues to navigate challenges in the pharmaceutical industry, which has prompted these workforce adjustments.

Oct 1, 2023News

Bristol-Myers Squibb Company has laid off nearly 200 employees at its New Jersey facility. The layoffs are part of a restructuring effort aimed at streamlining operations and improving efficiency. The company has not specified the departments affected by these cuts. This decision reflects ongoing challenges within the pharmaceutical industry, as companies adapt to changing market conditions. The layoffs took effect on October 1, 2023, impacting a significant portion of the workforce in the region. Bristol-Myers Squibb continues to focus on its core business while navigating these changes.

Oct 1, 2023News

Bristol-Myers Squibb Company has disclosed an additional 247 layoffs at its New Jersey facility. This decision is part of a broader restructuring effort aimed at optimizing operations and reducing costs. The layoffs are expected to impact various roles within the company, although specific departments were not detailed in the announcement. This move follows previous workforce reductions and reflects the company's ongoing adjustments in response to market conditions. The layoffs are effective immediately as part of the company's strategy to streamline its operations.

Oct 1, 2023News

Bristol-Myers Squibb Company has laid off approximately 300 employees as part of a restructuring effort aimed at streamlining operations. The layoffs occurred in early October 2023 and are part of the company's strategy to enhance efficiency and focus on core business areas. This decision reflects the ongoing challenges in the biopharma sector, where companies are adjusting their workforce to align with market demands. The affected employees were primarily based in New Jersey, although specific departments were not disclosed. This move is seen as a necessary step for the company to maintain competitiveness in a rapidly evolving industry.

Oct 1, 2023News

Bristol-Myers Squibb Company has announced that it will lay off 516 employees from its workforce in New Jersey. This decision is part of a broader restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to take effect on October 1, 2023. The company has not specified which departments will be affected by these job cuts. This move reflects ongoing challenges in the pharmaceutical industry as companies adjust to changing market conditions and financial pressures.

Oct 1, 2023News

Bristol-Myers Squibb Company has announced a reduction in its workforce, affecting approximately 300 employees as part of a restructuring effort. This decision comes amid ongoing challenges in the pharmaceutical industry, with the company aiming to streamline operations and improve efficiency. The layoffs are expected to take effect immediately, impacting various departments within the organization. The company has indicated that these changes are necessary to better align with its strategic goals and respond to market demands. This move reflects a broader trend in the industry as companies adjust to economic pressures and changing market conditions.

Oct 1, 2023News

Bristol-Myers Squibb Company has announced the layoff of approximately 300 employees at its New Jersey facility. This decision comes as part of a broader restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to take effect immediately, impacting various departments within the company. Bristol-Myers Squibb has cited the need to adapt to changing market conditions and enhance operational efficiency as key reasons for this workforce reduction. The company remains committed to its core mission while navigating these challenging economic circumstances.

Oct 1, 2023News

Bristol-Myers Squibb Company has continued its layoffs in New Jersey, bringing the total number of employees affected this year to nearly 900. The layoffs are part of the company's ongoing restructuring efforts aimed at streamlining operations and reducing costs. The decision reflects broader challenges faced by the pharmaceutical industry, including increased competition and the need for operational efficiency. As the company navigates these changes, it remains focused on maintaining its core business and delivering value to stakeholders.

Oct 1, 2023News

Bristol-Myers Squibb Company has laid off 119 employees in New Jersey as part of a restructuring campaign. This move is part of broader efforts to streamline operations amid changing market conditions. The layoffs reflect the company's ongoing adjustments to its workforce to enhance efficiency and focus on core business areas. The affected employees were notified in early October 2023, marking a significant reduction in the company's local workforce. This decision comes as Bristol-Myers Squibb continues to navigate challenges in the pharmaceutical industry.

Date not reportedUpcoming · EstimatedNews

Bristol-Myers Squibb Company has announced plans for layoffs in New Jersey as part of its restructuring efforts. While specific numbers of employees affected have not been disclosed, the company is preparing for workforce adjustments in the coming months. This decision reflects ongoing changes within the organization aimed at optimizing operations and addressing market challenges. Further details regarding the timeline and exact number of positions impacted remain unclear at this time.

Date not reportedUpcoming · EstimatedNews

Bristol-Myers Squibb Company (BMS) has announced plans to enhance its cost-cutting measures by adding $2 billion to its existing budget. This decision comes in the wake of the successful launch of its new drug, Cobenfy, and reflects the company's strategic shift towards optimizing operations and exploring potential deals. While specific details regarding employee layoffs were not disclosed, the company is expected to implement significant workforce adjustments as part of its restructuring efforts. The exact timeline and number of positions affected remain unclear, but the move indicates a proactive approach to streamline operations in a competitive market.

Date not reportedUpcoming · EstimatedNews

Bristol-Myers Squibb Company has announced plans for an additional 206 layoffs this year. This decision is part of the company's ongoing efforts to streamline operations and reduce costs. While specific details regarding the affected departments or locations have not been disclosed, the layoffs are expected to impact the company's workforce significantly. The announcement reflects broader trends in the pharmaceutical industry as companies adapt to changing market conditions. Further information on the timeline for these layoffs has not been provided.

Date not reportedUpcoming · EstimatedNews

Bristol-Myers Squibb Company has announced plans for layoffs in New Jersey. While specific numbers of affected employees have not been disclosed, the company is preparing for workforce reductions as part of its restructuring efforts. The layoffs are part of a broader strategy to streamline operations and improve efficiency. Further details regarding the timeline and specific departments affected have yet to be released.

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