Location: New Jersey, USA.
Department affected: drug research.
Based on news reporting.
Merck & Co., Inc. has announced plans to lay off employees as part of a strategy to reduce costs by $3 billion. The company is also looking to shed some real estate as part of this effort. While specific numbers of affected employees have not been disclosed, the layoffs are part of a broader restructuring initiative aimed at improving operational efficiency. The exact timing and locations of the layoffs have yet to be determined, and further details are expected to be released in the coming months.
Merck & Co., Inc. cut 6,000 jobs affecting its drug research team.
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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Estimated figure based on news reporting. Not yet confirmed by Merck & Co., Inc..
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