Location: London, UK.
Department affected: Research and Development.
Based on news reporting.
Merck & Co., Inc. has laid off 125 employees as part of its decision to abandon a $1.3 billion research and development center in London. This closure reflects the company's strategic shift and restructuring efforts within its operations. The layoffs are a direct consequence of the facility's closure, which is part of a broader trend in the pharmaceutical industry to optimize R&D investments. The affected employees were primarily involved in research and development activities at the London site. This move underscores Merck's ongoing adjustments in response to market demands and operational efficiencies.
Merck & Co., Inc. cut 125 jobs affecting its Research and Development team 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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