AM I NEXT? NO LOVE A BIOMARIN PHARMACEUTICAL

San Rafael, California-based BioMarin Pharmaceutical, a biotechnology company specializing in enzyme replacement therapies and rare disease treatment, has announced a consolidation of its real estate footprint and a reduction in force as part of its ongoing cost-containment initiative.

The workforce reduction will impact 117 Novato, California, employees, effective December 4, 2026.

According to a company statement, “Novato will remain BioMarin’s primary drug substance manufacturing site for Aldurazyme and Naglazyme, while activities related to other products and facilities will be transferred, divested or decommissioned. We are committed to treating affected employees with respect throughout this transition, including providing appropriate support and severance benefits consistent with our policies. We remain fully committed to the patients we serve.”

Change is constant, and it's coming. Tomorrow will always come, no matter how much you try to ignore it. Life offers no guarantees, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you wondering, "Am I Next?"

AM I NEXT? NO LOVE AT BRISTOL MYERS SQUIBB

Princeton, New Jersey-based Bristol Myers Squibb, a major pharmaceutical company, has announced it will continue its multi-year restructuring and cost-cutting initiative.

The current reduction in force impacts 265 employees at its Princeton headquarters and follows the 247 jobs lost in February 202, and 206 jobs lost in April 2026. The phased layoffs are scheduled to begin on December 17, 2026, and continue through May 21, 2027.

CEO Chris Boerner noted that the company is well on its way to delivering the promised savings.

Change is constant, and it's coming. Tomorrow will always come, no matter how much you try to ignore it. Life offers no guarantees, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you wondering, "Am I Next?"

AM I NEXT? NO LOVE AT SMITH DRUG COMPANY

Spartanburg, South Carolina-based Smith Drug Company, a wholesale pharmaceutical and medical equipment distributor, has announced it will wind down its wholesale pharmaceutical division operations prior to a sale to an unnamed company.

The closure will impact 195 employees located in Spartanburg, South Carolina, Milton, Vermont, and Paragould, Arkansas. Layoffs will begin on September 30, 2026, and continue until February 28, 2027.

According to Board Chair and CEO of parent of J.M. Smith, Paula Harper Bethea, "As our industry continues to evolve, this step allows us to honor that legacy by caring for our employees, customers, and vendors and fulfilling our obligations to our shareholders. We are committed to working alongside our employees through this transition and ensuring they are treated with the respect and support they deserve. It is the Smith way.”

Change is constant, and it's coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life, nor promises of a bright future. We see good people being laid off through no fault of their own. Just because something terrible hasn't happened yet doesn't mean it won't. It can happen to anyone, at any time, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. While many employees can read the writing on the wall, why do most assume it’s targeted at someone else? Are you now wondering, Am I Next?