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With Bristol Myers' latest cuts, biopharma layoffs reach 7,800+

After investing $24 billion in three major acquisitions earlier this year, Bristol Myers Squibb Co. said April 25 it would cut 2,200 employees and discontinue 12 programs in an effort to save $1.5 billion and put the company on track for growth by the end of the decade. The number of jobs lost represent 28% of all biopharma jobs lost so far in 2024 โ€“ 7,834, as announced by 82 companies. There were 17,424 jobs lost at 185 companies in 2023 and 18,500 jobs lost at 123 companies in 2022, accordin...
Bristol Myers Squibb Co Bristol Myers Squibb Bristol Myers Squibb Co Workforce Reductions Analysis And Data Insight

Tesla Layoffs: Elon Musk-Run Tesla Announces To Lay Off Over 6,000 Employees From Texas and California; Check Details To Know Why

Tesla announces to lay off of over 6,000 jobs ahead of the quarterly results, which is expected to begin on June 14. Check for further details here. ๏ฟฝ๏ฟฝ Tesla Layoffs: Elon Musk-Run Tesla Announces To Lay Off Over 6,000 Employees From Texas and California; Check Details To Know Why.
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