Merck Layoffs

2 layoff events · 648+ employees laid off since 2016

Merck most recently announced layoffs on October 1, 2019, cutting 500 jobs in North Wales. Below is every Merck layoff we've tracked, with headcount, location, severance, CEO pay and how the stock reacted.

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Newest entry: October 1, 2019

Company
Laid off
City
CEO Pay
Industry
Date
Stage
Stock since layoff
Source
500
North Wales 🇺🇸
Pharmaceuticals
Oct 1, 2019
Severance - 13 weeks
-
Official Filing
148
North Wales 🇺🇸
Pharmaceuticals
Aug 1, 2016
Severance - 6 weeks
-
Official Filing
Merck stock vs layoffs MRK
Daily closing price (split-adjusted)Beat the S&P 500 in the week afterLagged the S&P 500Too recentBigger dot = more people laid off
Merck layoffs: frequently asked questions

Is this data verified?

Yes, each & everything we report on 6figr.com is verified numbers only. As our cornerstone differentiator is authentic & accurate data.

What is the source of this data then?

It's a mandate that companies must file reports about layoffs to the government so that unemployment benefits are not abused. We extract data from these filings, which are buried in pdfs. cleanse, organise & present this data. So that you, the employee knows the inside health of a company through numbers & not by their marketing propaganda.

Why do this?

We believe information can be empowering, and that the financial health of a company is best known through numbers — and the shocks are first felt by the employees at the epicenter through layoffs whilst much further later in the market. So if we’re betting years of our life working for a company, it makes sense to be aware of the company’s past acts.

When did Merck last lay off employees?

Merck most recently announced layoffs on October 1, 2019, cutting 500 jobs in North Wales.

How many employees has Merck laid off?

6figr has tracked 2 Merck layoff events since 2016, affecting at least 648 employees in total.

Where did Merck lay off employees?

Merck layoffs we've tracked were mostly in North Wales.

What are the salaries of employees at merck?

Browse merck salaries by job title, experience & location.

Are robots responsible for this layoff at merck?

Explore Future of work to identify if certain jobs are at risk because of automation.

About Layoffs

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