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Merck

Business
NJ-Based Merck Stock Drops, Layoffs Begin In $3B Restructuring Plan NJ-Based Merck Stock Drops, Layoffs Begin In $3B Restructuring Plan
Nj-based Merck Stock Drops, Layoffs Begin In $3B Restructuring Plan Merck, a pharmaceutical company headquartered in Rahway, announced it will be undergoing layoffs after a disappointing second quarter.  In its earnings report, Merck said it aims to save more than $3 billion in cost savings as part of a "multiyear optimization initiative."  The restructuring program includes eliminating certain administrative, sales and research and development positions. Merck did not say how many people would be laid off, but said they aim to achieve the cost savings by 2027.  To save money, the company plans to reduce office space and optimize its manufac…

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by Sam Barron
Business
These 3 NJ Companies Just Made Fortune’s 2025 ‘Best Places To Work’ List These 3 NJ Companies Just Made Fortune’s 2025 ‘Best Places To Work’ List
These 3 NJ Companies Just Made Fortune’s 2025 ‘Best Places To Work’ List If you work at Merck, Hackensack Meridian Health, or Atlantic Health System — you’ve got bragging rights. The New Jersey-based employers were just named to Fortune’s 2025 list of the 100 Best Companies to Work For, a nationwide honor powered by employee feedback, workplace perks, and overall vibe. Merck (Rahway) came in at No. 68, followed by Hackensack Meridian Health (Edison) at No. 72, and Atlantic Health System (Morristown) at No. 83. The list, compiled by Fortune and Great Place To Work®, celebrates companies that go above and beyond to keep employees happy, connected, and supported. …

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by Cecilia Levine
Police & Fire
Central Jersey Motorcyclist Crashes Into Moose, Dies On I-95 In Maine: Troopers Central Jersey Motorcyclist Crashes Into Moose, Dies On I-95 In Maine: Troopers
Central Jersey Motorcyclist Crashes Into Moose, Dies On I-95 In Maine: Troopers A Princeton man was killed when his motorcycle struck a moose on Interstate 95 in northern Maine, authorities said. Anand Sreedharan, 50, died in the crash on Monday, Sept. 30, Maine State Police said in a news release on Wednesday, Oct. 2. It happened on I-95 South near milepost 240 in an unincorporated area about five miles south of the town of Medway. Investigators said the moose crossed into Sreedharan's lane and was hit by the motorcycle. Sreedharan was ejected from the bike and pronounced dead at the scene. The moose was also killed in the crash. Several other agencies helped tr…

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by Chris Spiker