Layoffs At Merck. Merck & Co. In reporting its second quarter Merck plans to cl

Merck & Co. In reporting its second quarter Merck plans to close its Riverside plant by 2026, cutting 163 jobs. Other major pharmaceutical Merck joins Big Pharma cost-cutting crowd, revealing plan to save $3B annually by 2027 By Kevin Dunleavy Jul 29, 2025 8:15am Merck layoffs Merck announces $3 billion in cost cuts, layoffs, and revised guidance as earnings drop. Merck will reduce its staff by approximately 6,000 in “some areas of our global workforce,” the New Jersey drugmaker told Fierce Pharma. Get tips and advice on Merck interviews, offers, culture, compensation and more. Merck announced it will lay off approximately 6,000 employees worldwide, reducing its workforce by 8% as part of a major cost-cutting and restructuring initiative 2 3 5. These layoffs will occur between February 20 and May 11, 2026. Merck Layoffs: Downsizing related discussion, postings, questions and answers. , one of the world’s largest pharmaceutical companies, just announced a sweeping $3 billion cost-cutting initiative that includes layoffs, To reach its goal of saving $3 billion in annual costs by the end of 2027, a Merck & Co. Merck is undergoing a strategic restructuring, resulting in immediate job cuts in administration, sales, and research as part of a plan to Merck announces the closure of its Riverside, Pennsylvania, plant and gradual layoffs through 2026; 163 employees will be affected. workers' rights. Engage in discussions with verified Merck employees Pharmaceutical Industry Shaken by Wave of Layoffs and Strategic Shifts The pharmaceutical and biotechnology sectors are experiencing significant upheaval as co Merck on Sumneytown Pike in Upper Gwynedd Township (Credit: Google Maps Street View) While 163 workers are impacted by layoffs, Merck's Merck said it is embarking on a multi-year cost-savings plan, which includes cuts to its workforce and real-estate footprint, as it looks to redirect resources toward Drug maker Merck announced Tuesday it will embark on an initiative to cut $3 billion in costs 2027, including an undisclosed amount of layoffs. S Here's what we know Merck plans to cut jobs as part of a $3 billion cost-reduction strategy by 2027, while also lowering its 2025 revenue forecast. The company aims Despite layoffs, Merck maintains its focus on R&D, reallocating resources toward new product launches and continuing to hire in strategic growth areas 4. The global health care company, which has U. The company Shares of Merck & Co. Merck (MRK) has revealed plans to cut 204 jobs at its Rahway, New Jersey facility, as part of a broader cost-saving strategy. Discover why this move matters for employees, the community, and the pharma industry. The cuts Merck has announced plans to cut approximately 6,000 jobs globally as part of a broader cost-saving initiative aimed at reducing annual expenses by US PHARMACEUTICAL giant Merck & Co plans to cut around 6,000 jobs, mirroring similar cost-saving measures among rival drug manufacturers. Learn what this means for U. S. Merck, like many of its Big Pharma peers, is working to focus more on innovative drugs. But as part of that ongoing shift, the company is eliminating Merck’s efforts contributed to the nearly 23,300 terminated positions across the biopharma industry in the third quarter, representing a . slumped Tuesday, after the drug giant reported a rare revenue miss amid disappointing sales of two of its three biggest Merck plans to cut jobs as part of a $3 billion cost-reduction strategy by 2027, while also lowering its 2025 revenue forecast. Inc. Merck has announced layoffs at its organization, setting its sights on a multi-year cost-saving plan to bring the business back on track. spokesperson confirmed to FirstWord on Thursday that it Merck has characterized its cost-cutting initiative as more of a reallocation of resources to support other, higher-growth areas of its business. The company – known as Merck & Co in the US and Canada – said earlier that the workforce reductions will be phased in over the coming Other companies, including Merck, are streamlining to save money and cushion the blow as major drugs like Keytruda move off patent and face Drug maker Merck announced Tuesday it will embark on an initiative to cut $3 billion in costs 2027, including an undisclosed amount of NEW YORK – Merck is feeling the pressure of future Keytruda (pembrolizumab) patent losses years in advance.

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