Bristol Myers puts more than 860 jobs on chopping block in NJ as $1.5B savings campaign rolls ahead

The scope of Bristol Myers Squibb’s $1.5 billion savings drive is beginning to come into focus.

Starting this month, BMS is laying off around 863 employees in Lawrenceville, New Jersey, according to a Worker Adjustment and Retraining Notification (WARN) alert from the state. The latest round of staff reductions follows 75 cuts in Lawrenceville that took place in March, according to the state filing.