Location: Rahway, NJ, USA.
Based on news reporting.
Merck & Co. Rahway is undergoing a major restructuring plan aimed at cutting $3 billion in costs, which will include significant job reductions. While specific numbers of layoffs have not been disclosed, the company has indicated that these cuts are part of a broader strategy to streamline operations and improve efficiency. The restructuring reflects ongoing challenges in the pharmaceutical industry and Merck's efforts to adapt to changing market conditions. The exact timeline for these layoffs has not been specified, but they are part of a planned initiative to enhance the company's financial health.
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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