Silobreaker.com
360° SearchNetworkHot SpotsTrends
 
Advanced Search Options >>
Saturday, November 21, 2009 12:05 PM

Published 11/05/2009 by International Supermarket News


Johnson & Johnson to Shed Jobs

Johnson & Johnson announced on the 3rd November, global restructuring initiatives designed to strengthen the company’s position as the world’s leading global health care company. The company is taking steps to prioritize its innovation efforts around the...

Share this 

There are no more reports on this story yet.

Quotes

"Johnson & Johnson has long adhered to a broad-based operating model and set of sound management principles that have driven our success" said William C Weldon...
...Officer. "Today, 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 health care industry."
...Weldon said, "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. We recognize their contributions to the achievements of our business, and are committed to treating them fairly and with respect throughout this process."

Related Stories

First Reported 11/03/2009 - Updated 11/03/2009 - 7 Documents
UBS AG - Click to view image in its original context
UBS AG
Observers will tune in to the language the central bank uses in its statement about rates to see whether the Fed will give any hints as to when it plans to raise rates.The Reserve Bank of Australia this morning increased its key interest rate for the ... [MSN Money - 11/03/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 2 Documents (in Corporate Deals)
Merck & Co Inc - Click to view image in its original context
Merck & Co Inc
Drug stocks were mixed Wednesday while shares of Merck & Co. gained ground as the pharmaceutical giant marked the first day since the closure of its $41 billion merger with rival Schering-Plough Corp.The NYSE Arca Pharmaceutical Index rose 1.8% to 290.36, ... [MarketWatch - 11/04/2009]
First Reported 11/03/2009 - Updated 11/04/2009 - 6 Documents (in Economy)
Stanley Works - Click to view 360-page
Stanley Works
NEW YORK -- Investors sidestepped some of their doubts about the economy and bought energy and industrial stocks as commodity prices rose.Stocks ended back-and-forth trading mostly higher Tuesday as a spike in the price of gold and corporate dealmaking ... [Indianapolis Star - 11/04/2009]
First Reported 11/10/2009 - Updated 11/10/2009 - 4 Documents
American International Group Inc - Click to view image in its original context
American International Group Inc
By Rodrigo CamposNEW YORK (Reuters) - U.S. stocks were little changed on Tuesday, stalling the S&P 500 index's string of six straight advances, as investors paused to assess recent gains.Shares of industrial materials companies and banks, which led Monday's ... [Reuters - 11/10/2009]
First Reported 11/08/2009 - Updated 11/08/2009 - 3 Documents (in Politics)
The US House of Representatives has backed a healthcare bill in a step towards reforms promised by President Obama, despite strong opposition. Passed in a narrow 220-215 vote, the bill aims to extend coverage to 36 million more Americans and provide affordable ... [Radio Television Hong Kong - 11/08/2009]
First Reported 11/03/2009 - Updated 11/03/2009 - 2 Documents (in Corporate Deals)
Schering Plough Corporation - Click to view 360-page
Schering Plough Corporation
Philadelphia Business Journal - by John George Staff WriterJohnson & Johnson files to end Schering-Plough relationshipFDA approves GlaxoSmithKline’s CervarixNew class of HIV/AIDS drugs works faster in trialWhat Merck post-Schering Plough merger will look ... [Philadelphia Business Journal - 11/03/2009]
First Reported 11/07/2009 - Updated 11/08/2009 - 2 Documents (in Politics)
Barack Obama - Click to view image in its original context
Barack Obama
The most ambitious overhaul of the U.S. health care system in 40 years squeaked through the House late Saturday, allowing President Obama to win a preliminary round in what could still be a long battle for his top domestic priority. ... [CQ Politics - 11/08/2009]
First Reported 11/04/2009 - Updated 11/04/2009 - 1 Documents (in Economy)
Filed under: Before the bell, International markets, Time Warner (TWX), Berkshire Hathaway (BRK.A), Market matters, Johnson and Johnson (JNJ), Economic data, Oil, Federal Reserve, Burlington Northern Santa Fe (BNI)U.S. stock futures climbed on Wednesday ... [BloggingStocks - 11/04/2009]
First Reported 11/08/2009 - Updated 11/08/2009 - 1 Documents (in Politics)
Yes, the health care bill has passed the House. The Senate is the final hurdle. ... [Little Green Footballs - 11/08/2009]
Entities: Health Care
First Reported 11/10/2009 - Updated 11/10/2009 - 1 Documents
Pfizer Inc., which bought rival Wyeth last month, said yesterday that it would move 'a number of functions' from Wyeth's Collegeville, Montgomery County, location as Pfizer consolidated research and development at five 'hub' sites. Separately yesterday, ... [Philadelphia Inquirer - 11/10/2009]
First Reported 11/05/2009 - Updated 11/05/2009 - 1 Documents (in Politics)
Caption: Job seekers wait in line to speak with recruiters during a health care job fair at the Phoenix Convention Center in Phoenix, Arizona November 4, 2009. The U.S. services sector grew modestly for a second month in a row in October and private sector ... [Business Day - 11/05/2009]
Network

Blogs

sort by: Date | Relevance
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 ...
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 ...
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 ...
1 2 3 4 5 6 7 8 9 10 ...

Audio/Video

sort by: Date | Relevance
Health care battle [CNN.com - Video - 11/10/2009]
Doc Speaks Out Against Government Run Health Ca... [Rep. Doc Hastings - YouTube Channel - 10/29/2009]
House Passes Health Care Bill [ABC News Video: Health - 11/09/2009]
House passes health care bill [CNN.com - Video - 11/08/2009]
Special interests rule health care talks [Rep. Lynn Westmoreland - YouTube Channel - 11/03/2009]
1 2 3 4 5 6 7 8 9 10 ...

  •  
  •  
  •