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
| 11/4
This story published in AdvaMed SmartBrief on 11/04/2009
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