Bristol-Myers Squibb Announces 247 Layoffs in New Jersey
SOURCENews reportView the filing ↗
What we know
Location: New Jersey, USA.
Based on news reporting.
Summary
Bristol-Myers Squibb Company has disclosed an additional 247 layoffs at its New Jersey facility. This decision is part of a broader restructuring effort aimed at optimizing operations and reducing costs. The layoffs are expected to impact various roles within the company, although specific departments were not detailed in the announcement. This move follows previous workforce reductions and reflects the company's ongoing adjustments in response to market conditions. The layoffs are effective immediately as part of the company's strategy to streamline its operations.
Bristol-Myers Squibb Company cut 247 jobs in NJ as of February 23, 2026.
That is roughly 0.7% 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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