Silobreaker: Johnson & Johnson to slash workforce

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Saturday, November 21, 2009 7:44 PM

Published 11/05/2009 by Biz Community

Johnson & Johnson to slash workforce

WASHINGTON, USA: Johnson & Johnson, a leading US health care and consumer goods company, said Tuesday, 3 November 2009, it will slash between 6% and 7% of its global workforce in a restructuring to cut costs. The restructuring is expected to generate US$1.4-billion to $1.7-billion...

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...moves are "designed to strengthen the company's position as the world's leading global healthhealth care company" the New Brunswick...

Johnson & Johnson to slash workforce [Biz Community - 11/05/2009]

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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 ...
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 ...

Audio/Video

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Johnson & Johnson to slash workforce