J&J to cut thousands of jobs as part of restructuring
Johnson & Johnson will streamline operations and lay off as many as 8,000 employees, or 6% to 7% of its global workforce, to position the firm for long-term growth, said Chairman and CEO William Weldon. The company expects the restructuring to generate as much as $1.7 billion in annual savings.
Los Angeles Times | 11/04
This story published in AdvaMed SmartBrief on 11/04/2009
More from SmartBrief:
Medtronic restructures operations
Tuesday, September 1, 2009
EU approves Boston Scientific stent Promus Element
Tuesday, November 3, 2009
SonoSite completes acquisition of CardioDynamics
Tuesday, August 18, 2009
Get stories like these delivered daily for FREE:
|
AdvaMed SmartBrief
Designed specifically for manufacturers of medical devices, health care information systems and diagnostic products, AdvaMed SmartBrief is a FREE e-mail newsletter. By providing a summary of the day's most important medical technologies news, AdvaMed SmartBrief saves you time and keeps you smart. Learn more |
|