Location: London, UK.
Based on news reporting.
Merck has announced the elimination of 125 jobs as part of its decision to close a £1 billion research hub in London. This move comes as the company seeks to streamline operations and focus on its core business areas. The layoffs are part of a broader restructuring effort aimed at enhancing efficiency and reducing costs. The closure of the London facility reflects Merck's strategic shift in research and development priorities, impacting its workforce significantly in the region.
Merck & Co., Inc. cut 125 jobs as of October 1, 2023.
That is roughly 0.2% of the 70,000 people Merck & Co., Inc. employs.
LayoffTalk has tracked 40 layoff events at Merck & Co., Inc. since October 2023, affecting a combined 14,671 employees.
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