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Johnson & Johnson Tightens Belt
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Johnson & Johnson Tightens Belt# ChemEng - 化学工程
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August 6, 2007
Volume 85, Number 32
p. 8
Pharmaceuticals
Johnson & Johnson Tightens Belt
Firm will cut jobs and consolidate facilities to offset decline in product revenue
Ann Thayer
Johnson & Johnson will cut 3–4% of its workforce, or up to 4,820 jobs, and consolidate yet-to-be-named sites to reduce costs and improve profitability. Earlier this year, it decided to close R&D facilities in California and New Jersey and eliminate about 700 jobs. Recently, AstraZeneca and Bristol-Myers Squi
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