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Tuesday, mar 4
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Tuesday, mar 4
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Research and Development
Business
Pharmaceutical Company Laying Off 290 NJ Workers Amid Massive Cost-Cutting Push
Nearly 300 employees in Lawrenceville will lose their jobs as part of a pharmaceutical company's major cost-cutting measures, officials said. Bristol Myers Squibb will lay off at least 290 employees in 2025, according to a Worker Adjustment and Retraining Notification (WARN) notice in February. A company spokesperson confirmed the layoffs to the Daily Voice on Monday, Mar. 3. The company will begin 223 of those layoffs on Thursday, May 22, and continue them through Friday, Aug. 1. "We are optimizing operations across the company while prioritizing investments in innovative and t…
Business
Candy Company Makes $70 Million Investment To New Jersey Site
Mars is continuing its commitment to Warren County. The company that produces M&Ms, Snickers, Altoids, and Ben's Original announced a $70 million investment to its site in Hackettstown. The money will go toward a new Research and Development Innovation Studio, including a new test kitchen and packaging lab. Mars celebrated the investment with a ribbon cutting that included an appearance by the blue and red M&Ms. "The continued investment in our Hackettstown site re-affirms our commitment to innovation in New Jersey," Anton Vincent, the president of Mars Wrigley North America…