Bristol-Myers to cut 200 NJ jobs - Fox 2 News Headlines

Bristol-Myers to cut 200 NJ jobs

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PLAINSBORO, N.J. (AP) - Bristol-Myers Squibb Co. says it plans to eliminate the jobs of about 200 support service workers at its Plainsboro and other central New Jersey offices.

The pharmaceutical company says the cuts will take place over the next year as its marketing, information technology and finance operations are consolidated at a new facility in Tampa, Fla., where costs are lower.

The company says the 200 workers losing their jobs include 100 contractors.

The cuts represent only a small percentage of the company's workforce in New Jersey, where it employs more than 6,000 at its global research, commercial and manufacturing headquarters.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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