Bristol-Myers Squibb Lays Off 119 Employees in New Jersey
SOURCENews reportView the filing ↗
What we know
Location: New Jersey, USA.
Based on news reporting.
Summary
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 in NJ as of February 4, 2025.
That is roughly 0.3% 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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