Silobreaker: Johnson & Johnson Firing ~10,000 Employees

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Saturday, November 21, 2009 10:35 PM

Published 11/03/2009 by Business Insider

Johnson & Johnson Firing ~10,000 Employees

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 end, that could be up to 8,000 positions. As noted by CNBC, the move comes on election day...

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Johnson & Johnson Makes Huge Job Cuts - [11/03/2009 - Clusterstock]

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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 ...
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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Why I'm Still Buying Johnson & Johnson at T... [Long Investment Ideas from Seeking Alpha - 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 ...

Audio/Video

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Corzine loses bid [CNN International - YouTube - 11/04/2009]
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Johnson & Johnson Firing ~10,000 Employees