Bristol Myers Squibb To Lay Off More Than 200 Workers In Mercer County

LAWRENCEVILLE, NJ — Pharmaceutical giant Bristol Myers Squibb is laying off an additional 223 people at its facility in Lawrenceville, according to a notice filed with the state of New Jersey. The announcement comes a month after the company said it planned to lay off 67 workers at the same location.

In a WARN notice filed with the New Jersey Department of Labor & Workforce Development, the company said it plans to lay off employees starting May 22 and continuing through Aug. 1.

The Worker Adjustment and Retraining Notification Act is a federal law designed to protect workers, their families and communities by requiring employers to provide notice 60 days in advance of a covered-business closing and covered-business mass layoff.

The WARN notice was filed in February.

The February job cuts are in addition to 67 layoffs announced in a WARN notice filed in February. Those employees will be laid off between April 24 and Dec. 1.

Bristol Myers Squibb's Mercer County facility is a 1.67 million square foot site where scientists discover and develop medicines for cancer, immunology, cardiovascular and fibrotic diseases, according to the company's website.

Last year, the company laid off 863 employees at the Mercer County office. A spokesperson said the cuts would "drive approximately $1.5 billion in cost savings by the end of 2025, the majority of which will be reinvested to fund innovation and drive growth."