BMS Cuts Jobs in New Jersey, Cites ‘Constantly Evolving’ Business Model

Bristol Myers Squibb plans to lay off 48 staff members from its Princeton, New Jersey, facility, according to a WARN notice filed in April with the state of New Jersey.

The cuts will go into effect on May 31. Though no other information was provided in the WARN report about which divisions will be affected, the facility houses employees from the commercial, R&D and enabling function support teams, according to the company’s website.