Location: New Jersey, USA.
Based on news reporting.
Bristol-Myers Squibb Company has announced the layoff of approximately 300 employees at its New Jersey facility. This decision comes as part of a broader restructuring effort aimed at streamlining operations and reducing costs. The layoffs are expected to take effect immediately, impacting various departments within the company. Bristol-Myers Squibb has cited the need to adapt to changing market conditions and enhance operational efficiency as key reasons for this workforce reduction. The company remains committed to its core mission while navigating these challenging economic circumstances.
Bristol-Myers Squibb Company cut 300 jobs as of October 1, 2023.
That is roughly 0.9% 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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