Bristol Myers Squibb Cuts 516 More Jobs in New Jersey

Bristol Myers Squibb is laying off 516 employees at its Lawrenceville, New Jersey campus
The layoffs will be implemented gradually between now and March 2026
This latest round of cuts brings BMS's total job losses in New Jersey to 806 for the year
The job cuts were officially reported through a state Worker Adjustment and Retraining Notification (WARN)
The pharmaceutical company appears in New Jersey's 2025 WARN Notices archive2
These layoffs are occurring amid broader healthcare staffing concerns in New Jersey, as the state legislature is considering a bill to address healthcare worker shortages3
The cuts at BMS represent a significant employment reduction in New Jersey's pharmaceutical sector

Sources:

2. https://www.nj.gov/labor/assets/PDFs/WARN/2025WARNNotice_Archive.pdf

3. https://www.bracheichler.com/healthcare-law-update-may-2025/