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Another round of layoffs hits BMS, with 100+ people impacted after earnings miss

cafead

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  • cafead   Aug 14, 2023 at 11:42: AM
via Bristol Myers Squibb has laid off more than 100 employees amid a reconfiguration of expenses that follows disappointing earnings results.

The New Jersey pharma would not confirm how many employees were laid off but a spokesperson said “there were impacts to some of our employees” as the company reconsiders how it allocates funds. A new workforce report in New Jersey for the month of August lists BMS laying off 108 employees, cuts that go into effect on November 2.

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