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REPORTED · NEWSPublished Dec 10, 2025

Bristol-Myers Squibb Continues Layoffs in New Jersey, Totaling Nearly 900

EMPLOYEES AFFECTED
900
SHARE OF WORKFORCE
~2.6%
EFFECTIVE DATE
Oct 1, 2023
900 OF 34,100 EMPLOYEES

What we know

Location: New Jersey, USA.

Based on news reporting.

Summary

Bristol-Myers Squibb Company has continued its layoffs in New Jersey, bringing the total number of employees affected this year to nearly 900. The layoffs are part of the company's ongoing restructuring efforts aimed at streamlining operations and reducing costs. The decision reflects broader challenges faced by the pharmaceutical industry, including increased competition and the need for operational efficiency. As the company navigates these changes, it remains focused on maintaining its core business and delivering value to stakeholders.

Bristol-Myers Squibb Company cut 900 jobs as of October 1, 2023.

That is roughly 2.6% 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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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 DEC 10, 2025LAST UPDATED DEC 28, 2025