Bms Layoffs 2025. Bristol myers squibb has unveiled a strategic productivity initiative designed to drive $1.5 billion in cost savings by the end of 2025. The recent wave of layoffs in the tech industry, which has seen over 27,000 job cuts at major companies like apple, cisco, ibm, and intel, highlights a critical shift within the sector.
Another wave of layoffs is set to hit new jersey’s health sector, with bayer, bristol myers squibb and johnson & johnson all disclosing planned workforce reductions. Charges of approximately $1.0 billion are expected to be incurred through 2025, consisting primarily of employee termination costs and to a lesser extent site exit costs, including.