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Sunday, November 22, 2009 12:43 AM

Published 11/03/2009 by The Australian


Johnson & Johnson to cut 8200 jobs

HEALTHCARE giant Johnson & Johnson has announced plans to lay off as many as 8200 employees worldwide as part of a plan to save up to $US1.7 billion ($1.9bn) in 2011, citing economic and regulatory challenges.

The company said it would achieve the cost savings...

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What others report on the same story

Liveblog: J&J Execs Discuss Job Cuts - [11/03/2009 - WSJ.com: Health Blog]
WSJ BLOG/Johnson & Johnson: CEO Discusses J... - [11/03/2009 - CNN Money]
J&J CEO Says Job Cuts 'Skewed' To Outside US - [11/03/2009 - CNN Money]
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Quotes

"As you look at the economy and especially unemployment, it's going to take awhile before people start to" accelerate spending...
Johnson & Johnson to cut 8200 jobs [The Australian - 11/03/2009]
...the company was "coming out into the sunshine after the cloud that's been over us" for the past 18 months...
Johnson & Johnson to cut 8200 jobs [The Australian - 11/03/2009]
...development. "The competitive environment has gotten such that the ability to launch products in some areas has become much more crowded and costly" he said
Johnson & Johnson to cut 8200 jobs [The Australian - 11/03/2009]

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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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Audio/Video

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Supreme Court Patent Limits Case Splits Industr... [Bloomberg - YouTube - 11/09/2009]
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