100-Plus Layoffs Loom At Bristol-Myers Squibb In Wallingford

WALLINGFORD, CT — In what will be the largest wave of layoffs since Bristol-Myers Squibb announced in 2015 that it is closing its Wallingford facility, more than 100 employees will be laid off within the next month or so, according to the Meriden Record-Journal.

The Record-Journal reports Bristol-Myers Squibb has informed the state Department of Labor in a WARN notice that it will lay off 107 employees from the Research Parkway facility by April 3. Calare Properties, a private Massachusetts-based real estate investment firm and operator, announced last week that it purchased the 915,000 square-foot complex.

Bristol-Myers plans on vacating the property, and leaving Connecticut entirely, by the end of 2018.

Read more at the Meriden Record-Journal here.