Location: New Jersey, USA.
Based on news reporting.
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.
Bristol-Myers Squibb Company cut 200 jobs as of October 1, 2023.
That is roughly 0.6% 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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