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Bristol Myers Squibb to Lay Off 110 Employees in New Jersey as Cost-Cutting Accelerates

Published Oct 22, 2025

110
Employees Affected
Unknown
Percentage

Bristol Myers Squibb is laying off 110 employees at its Lawrence Township, New Jersey site, with terminations scheduled for February and March 2026. The move is part of BMS’s aggressive cost-cutting plan aimed at saving $2 billion by 2027

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