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Saturday, November 21, 2009 10:28 PM

Published 11/04/2009 by Cincinnati Enquirer


J&J plans 8,000 job cuts

Johnson & Johnson said Tuesday it will cut up to about 8,000 jobs and streamline its operations in an effort to cut costs as it braces for changes in the health care industry.

The New Brunswick, N.J., company said the cuts will affect 6 to 7 percent of its global...

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What others report on the same story

Johnson & Johnson plans restructuring - [11/04/2009 - Business Report]
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Quotes

"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 Johnson & Johnson" he said. "We recognize...
J&J plans 8,000 job cuts [Cincinnati Enquirer - 11/04/2009]
...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."
J&J plans 8,000 job cuts [Cincinnati Enquirer - 11/04/2009]

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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 ...
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 ...
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 ...
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Audio/Video

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