Bristol Myers Squibb – 3/6/2025

Bristol Myers Squibb will lay off 57 workers from its Redwood City, California facility next month, according to a WARN notice filed on February 26. The latest layoff, first reported by Fierce Pharma, is part of a billion-plus-dollar cost-cutting program announced last year and expanded last month. BMS laid off more than two thousand employees in 2024 in total. According to BMS’ website, its Redwood City R&D campus is focused on the tumor microenvironment.

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