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After investing $24 billion in three major acquisitions earlier this year, Bristol Myers Squibb Co. said April 25 it would cut 2,200 employees and discontinue 12 programs in an effort to save $1.5 billion and put the company on track for growth by the end of the decade. The number of jobs lost represent 28% of all biopharma jobs lost so far in 2024 – 7,834, as announced by 82 companies. There were 17,424 jobs lost at 185 companies in 2023 and 18,500 jobs lost at 123 companies in 2022, according to BioWorld data. ....
California Public Employees Retirement System reduced its position in shares of CMS Energy Co. (NYSE:CMS – Free Report) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,813,036 shares of the utilities provider’s stock after selling 20,767 shares during the […] ....
In Payback, Congress MLA Demands Punjab Deputy CM's Resignation Over Son-in-Law's Job Appointment After Opposition parties, Congress’ own MLAs have turned on the party-led Punjab government over the appointment of Deputy Chief Minister Sukhjinder Randhawa’s son-in-law as Additional Advocate General. As per a notification issued on Monday, advocate Tarun Vir Singh Lehal has been appointed ....