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📉 Bristol Myers Squibb to lay off 110 staffers in Lawrenceville, NJ: The layoffs will be effective February and March next year, according to a WARN notice. The move is a part of BMS’ plan to save cash, a spokesperson said. The latest announcement is on top of the drugmaker’s previously disclosed plans in May to reduce its headcount in New Jersey by over 500 workers. — Anna Brown
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