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Saturday, November 21, 2009 11:26 PM

Published 11/03/2009 by Yahoo! News


J&J to cut 7,000 to 8,000 jobs (Reuters)

NEW YORK (Reuters) will eliminate about 6 percent to 7 percent of its global workforce, or some 7,000 to 8,000 positions, as the diversified healthcare company restructures and seeks cost savings, the company said on Tuesday.

The company said it expects to...

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What others report on the same story

J&J to cut 6-7 percent of workforce in rest... - [11/03/2009 - Yahoo! News]
Johnson & Johnson to cut 6%-7% of workforce... - [11/03/2009 - Business Day]
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Quotes

...billion in 2011. "We are announcing a series of actions and plans designed to ensure that our company remains well-positioned and appropriately structured for sustainable, long-term growth in the " J&J Chief Executive...

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Blogs

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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 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 ...
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. ...
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 ...
Why I'm Still Buying Johnson & Johnson at T... [Healthcare Sector and Stocks Analysis from Seek ... - 11/10/2009]
Dividends4Life submits: Linked here is a detailed quantitative analysis of Johnson & Johnson (JNJ). Below are some highlights from the above linked analysis: Company ...
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