Silobreaker.com    Log In
   My Page    Help   
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Saturday, November 21, 2009 2:56 PM

Published 11/03/2009 by TheDeal.com


J&J chief calls job cuts 'difficult'

Two weeks after (NYSE:JNJ) , which tugged stocks downward, the world's biggest healthcare company is . Those cuts include 7,000 to 8,000 layoffs, mostly overseas.J&J chief executive (pictured) said in a statement, 'These types of changes are difficult under any...

Share this 

There are no more reports on this story yet.

Quotes

...in a statement, "These types of changes are difficult under any circumstances, and will have a very personal impact on people who have been dedicated to the mission of ." The company is looking...
J&J chief calls job cuts 'difficult' [TheDeal.com - 11/03/2009]
...in 2011, which "will provide additional resources to invest in new growth platforms." It also confirmed its...
J&J chief calls job cuts 'difficult' [TheDeal.com - 11/03/2009]

Related Stories

First Reported 11/04/2009 - Updated 11/05/2009 - 11 Documents (in Market News)
Microsoft Corporation - Click to view image in its original context
Microsoft Corporation
Are the Microsoft layoffs over now?
Mary Jo Foley: When Microsoft announced in January that the company was cutting 5,000 jobs , it wasn’t clear how many waves it would take to realize that count. It looks like the cuts aren’t done yet, based on an initial report of November 4 layoffs by ... [ActiveWin.com - 11/05/2009]
First Reported 11/02/2009 - Updated 11/03/2009 - 19 Documents (in Politics)
Barack Obama - Click to view image in its original context
Barack Obama
Job losses to continue for some more time: Obama
Washington: US President Barack Obama on Tuesday said his administration has been successful in “pulling the economy back from brink” but sounded a cautious tone on unemployment, saying he expects job losses to continue for some more time.“We have pulled ... [Livemint.com - 11/03/2009]
First Reported 11/04/2009 - Updated 11/05/2009 - 7 Documents (in Politics)
Steve Ballmer - Click to view image in its original context
Steve Ballmer
Microsoft Completes Layoffs, Cutting 800 Jobs
Chief Executive Officer of Microsoft Corporation Steve Ballmer looks on during a news conference Oct. 7, 2009 in Germany. Ballmer talked about the upcoming launch of the new Windows 7 computer operating system. The software giant announced that it was ... [Epoch Times - 11/05/2009]
First Reported 11/05/2009 - Updated 11/05/2009 - 6 Documents (in Politics)
Federal Reserve System - Click to view image in its original context
Federal Reserve System
US worker productivity surges in 3rd Quarter
Caption: Job seekers wait in line to speak with recruiters during a health care job fair at the Phoenix Convention Center in Phoenix, Arizona November 4, 2009. The U.S. services sector grew modestly for a second month in a row in October and private sector ... [Business Day - 11/05/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 7 Documents
UBS AG - Click to view image in its original context
UBS AG
FOMC meeting begins today
Observers will tune in to the language the central bank uses in its statement about rates to see whether the Fed will give any hints as to when it plans to raise rates.The Reserve Bank of Australia this morning increased its key interest rate for the ... [MSN Money - 11/03/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 2 Documents (in Corporate Deals)
Merck & Co Inc - Click to view image in its original context
Merck & Co Inc
Drug stocks mixed; Merck gains on merger
Drug stocks were mixed Wednesday while shares of Merck & Co. gained ground as the pharmaceutical giant marked the first day since the closure of its $41 billion merger with rival Schering-Plough Corp.The NYSE Arca Pharmaceutical Index rose 1.8% to 290.36, ... [MarketWatch - 11/04/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 5 Documents (in Politics)
ISM: Services Sector Continuing to Grow
NEW YORK -- The U.S. services sector, which represents about 80 percent of U.S. economic activity, grew for the second consecutive month in October, while the labor market also showed signs of improvement in data published on Wednesday.The U.S. Institute ... [Moneynews - 11/04/2009]
First Reported 11/09/2009 - Updated 11/09/2009 - 4 Documents (in Politics)
Pace of job losses set to slow
Categories: Industry CIPD surveyed more than 700 employers, covering all sectors of the economy, for the latest edition of its Labour Market Outlook (LMO). Firms confirmed they will not be cutting jobs as quickly as before.However, the report also suggests ... [IFAonline.co.uk - 11/09/2009]
First Reported 11/03/2009 - Updated 11/04/2009 - 6 Documents (in Economy)
Commodities, industrial stocks push markets
NEW YORK -- Investors sidestepped some of their doubts about the economy and bought energy and industrial stocks as commodity prices rose.Stocks ended back-and-forth trading mostly higher Tuesday as a spike in the price of gold and corporate dealmaking ... [Indianapolis Star - 11/04/2009]
First Reported 11/09/2009 - Updated 11/10/2009 - 3 Documents (in Market News)
Sprint Announces Job Cuts
Insists they won't impact customer service...tags: business · wirelessTheir recent fourth quarter earnings report indicates that despite some clear customer service improvements, Sprint continues to bleed both subscribers and cash as the company recovers ... [Broadband Reports - 11/10/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 3 Documents (in Economy)
US service sector grows again in October
The US service sector grew for a second straight month in October, but at a slower pace than in September, as a broad economic recovery creeps along.The Institute for Supply Management said on Wednesday that its service index dipped to 50.6 last month ... [The Age - 11/04/2009]
First Reported 10/29/2009 - Updated 10/29/2009 - 2 Documents (in Market News)
Layoffs Come to the Wall Street Journal, Too: Boston Bureau Closing [MediaMemo]
The layoff axe swings close to home today: The Wall Street Journal is closing its Boston bureau, which will result in up to 9 job losses. News Corp. (NWS) which owns the Journal as well as this site, has been pouring resources into the paper, but the ... [All Things Digital - 10/29/2009]
In Focus
Network

Blogs

sort by: Date | Relevance
J&J Raises the Ax [Corante - 11/03/2009]
Johnson & Johnson says that it could be cutting up to 8,000 jobs. This has been in the wind for a while, but I haven't had any reports yet of what it's doing on ...
J&J chief calls job cuts 'difficult' [The Deal.com - 11/03/2009]
Two weeks after Johnson & Johnson (NYSE:JNJ) reported mixed earnings which tugged stocks downward, the world's biggest healthcare company is looking to cut costs. ...
J&J Raises the Ax [In the Pipeline - 11/03/2009]
Johnson & Johnson says that it could be cutting up to 8,000 jobs. This has been in the wind for a while, but I haven't had any reports yet of what it's doing on ...
At Johnson & Johnson, Merger-style Savings [DealBook - 11/04/2009]
Johnson & Johnson has found merger-size savings -- in itself. The health care giant will eliminate about 8,000 jobs. But the benefits are likely to be as fleeting ...
Johnson & Johnson Makes Huge Job Cuts [Clusterstock - 11/03/2009]
So much for thinking that healthcare is a safe space to be in. Johnson & Johnson (JNJ) is cutting 6-7% of its global workforce, which total 117,000. At the high ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Job hopes [Reuters Video: Business - 11/04/2009]
Labor Secretary Says Job Losses Are Slowing [Associated Press - YouTube - 11/06/2009]
Obama Warns of Future Job Losses [ABC News Video: Politics - 11/02/2009]
BA staff angry at job cuts as Christmas strike ... [ITN News - YouTube - 11/02/2009]
Business Update: Job hopes [Reuters - YouTube - 11/04/2009]
1 2 3

  •  
  •  
  •