Location: New Jersey, USA.
Based on news reporting.
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 as of May 7, 2025.
That is roughly 1.5% of the 34,100 people Bristol-Myers Squibb Company employs.
LayoffTalk has tracked 27 layoff events at Bristol-Myers Squibb Company since October 2023, affecting a combined 7,522 employees.
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