Location: Rahway, New Jersey, USA.
Based on news reporting.
Merck & Co. Rahway has announced plans to lay off approximately 500 employees as part of a restructuring effort, following the filing of a WARN notice. The layoffs are expected to take effect by December 15, 2023. This decision comes amid ongoing challenges in the pharmaceutical industry, as the company seeks to streamline operations and reduce costs. The specific departments affected have not been disclosed, but the layoffs are part of a broader strategy to enhance efficiency and focus on core business areas. Merck's leadership has indicated that these changes are necessary to adapt to the evolving market landscape.
Merck & Co., Inc. cut 500 jobs.
That is roughly 0.7% 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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