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Saturday, November 21, 2009 11:00 PM

Published 11/03/2009 by Exec Digital US


J&J to cut 6-7 percent of workforce in restructuring

J&J said the planned restructuring will eliminate 7,000 to 8,000 jobs and generate annualized cost savings of $1.4 billion to $1.7 billion by 2011, with $800 million to $900 million expected to be achieved in 2010.

'This is what we need to do to right-size...

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J&J slashing workforce - [11/03/2009 - Reuters UK]
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"This is what we need to do to right-size the company to make sure we have the resources to invest" for long-term sustainable...
J&J to cut 6-7 percent of workforce in restructuring [Exec Digital US - 11/03/2009]

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