International Companies

Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive

By Benjamin Chiou

Date: Thursday 25 Apr 2024

(Sharecast News) - US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.
The company said it was launching a "Strategic Productivity Initiative" to deliver the cost savings, of which...

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