Location: London, UK.
Department affected: drug research.
Based on news reporting.
Merck & Co., Inc. has announced the closure of its drug research center in London, resulting in the layoff of approximately 100 scientists. This decision is part of the company's strategic restructuring efforts aimed at optimizing its research operations. The layoffs are expected to take effect immediately as the company shifts its focus to other research initiatives. The closure reflects broader trends in the pharmaceutical industry, where companies are reevaluating their research investments. Merck's decision underscores the challenges faced in maintaining competitive research capabilities in a rapidly evolving market.
Merck & Co., Inc. cut 100 jobs affecting its drug research team as of October 1, 2023.
That is roughly 0.1% 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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