Bristol Myers telegraphs layoffs in New Jersey, trimming 117 jobs in staggered wave of cuts

Bristol Myers telegraphs layoffs in New Jersey, trimming 117 jobs in staggered wave of cuts

Source: 
Fierce Pharma
snippet: 

Bristol Myers Squibb, while working its way through a major restructuring, has unveiled another round of layoffs in New Jersey.

In Lawrenceville, BMS plans to cut 117 jobs, the company disclosed (PDF) in a Worker Adjustment and Retraining Notification notice. The Big Pharma firm operates two neighboring campuses in Lawrence Township, New Jersey. One site houses BMS’ corporate headquarters and early discovery functions, while the other hosts the company’s commercial and late-stage development teams.