Location: New Jersey, USA.
Based on news reporting.
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.
Bristol-Myers Squibb Company cut 119 jobs as of October 1, 2023.
That is roughly 0.3% 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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