Thread regarding Bristol-Myers Squibb layoffs

Acquisition related layoffs imminent

Bristol-Myers is buying Calgene, which means that we are looking at major consolidation layoffs very soon.

You can expect plenty of cuts and layoffs with this move. Bristol-Myers is laying out its expectations for finding $2.5 billion in annual cost reductions by 2022 as it merges the two operations.

https://endpts.com/bristol-myers-inks-a-74b-deal-to-buy-out-celgene-expects-15b-a-year-from-late-stage-pipeline/

Good luck all!

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Post ID: @OP+WXWMJJ3

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When are the R&D layoffs coming for Bristol and Celgene? Any in 2020?

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Post ID: @5jzgv+WXWMJJ3

Now, let's see what 2019 brings

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Post ID: @jlwt+WXWMJJ3

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