Based on news reporting.
Merck & Co. has announced the layoff of 6,000 employees as part of a restructuring effort aimed at streamlining operations and reducing costs. This decision comes in response to ongoing challenges in the pharmaceutical industry and aims to enhance the company's long-term competitiveness. The layoffs are expected to impact various departments across the organization, although specific locations and departments have not been detailed. The company is taking these measures to better align its workforce with current market demands and operational needs.
Merck & Co., Inc. cut 6,000 jobs as of October 1, 2023.
That is roughly 8.6% 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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