Employees at Bristol-Myers Squibb will be left waiting a few more days before they hear just how bad rumored layoffs will be. The company says it will reveal all next Wednesday, during investors day. One Wall Street analyst expects the company to axe up to one in five staffers and shutter a range of facilities. Report [1] | Report [2]
Links:
[1] http://www.nj.com/business/ledger/index.ssf?/base/business-1/1196318569194970.xml&coll=1
[2] http://www.fiercepharma.com/story/bms-starts-laying-workers/2007-11-29