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REPORTED · NEWSPublished Feb 25, 2026

Bristol-Myers Squibb Announces 247 Layoffs in New Jersey

EMPLOYEES AFFECTED
247
SHARE OF WORKFORCE
~0.7%
EFFECTIVE DATE
Oct 1, 2023
247 OF 34,100 EMPLOYEES

What we know

Location: New Jersey, USA.

Based on news reporting.

Summary

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.

Bristol-Myers Squibb Company cut 247 jobs as of October 1, 2023.

That is roughly 0.7% 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.

Comments (1)

Anonymous by default. Be kind — people reading this may be going through it right now.

LTLayoffTalk StaffStaff21 hours ago

Bristol-Myers Squibb Company cut 247 jobs on October 1, 2023. If you were part of this round, what was your experience? Others going through it are reading. You can post anonymously below.

SOURCE
News reporting
View original source ↗
B
Bristol-Myers Squibb CompanyBMY
Healthcare · 34,100 employees
27
EVENTS TRACKED
8,528
AFFECTED SINCE 2023
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CREATED FEB 25, 2026LAST UPDATED FEB 25, 2026