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Saturday, November 21, 2009 8:16 PM

Published 11/03/2009 by Drug Discovery News


J&J may cut more than 8,000 jobs

NEW BRUNSWICK, N.J.-Amidst its year-long acquisition spree and poor third-quarter revenues, announced today that it may cut more than 8,000 jobs and set other restructuring moves in order to save up to $900 million next year. J&J said plans to simplify its business structure...

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...markets. "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 " he said. "We recognize...
...of ," he said. "We recognize their contributions to the achievements of our business, and are committed to treating them fairly and with respect throughout this process." Nevertheless, J&J has...

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