Bristol Myers Squibb to Idle 516 Employees in New Jersey
SOURCENews reportView the filing ↗
What we know
Location: New Jersey, USA.
Based on news reporting.
Summary
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.
Bristol-Myers Squibb Company cut 516 jobs in NJ as of May 7, 2025.
That is roughly 1.5% of the 34,100 people Bristol-Myers Squibb Company employs.
LayoffTalk has tracked 30 layoff events at Bristol-Myers Squibb Company since November 2022, including 4,575 jobs documented in official WARN filings, with 17 additional events known from news reporting.
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