Aug 2, 2007

J & J – Little Info On Where Their 4,800 Lay Offs Occur

In a July 31st Press Release, Johnson & Johnson stated: “These actions we are taking to improve our cost structure will enable us to continue investing for future growth and profitability.”

The Press Release also states that most of the “savings” will happen in their pharmaceutical section. From their
List of Companies the company seems to have their largest presence in Delaware and New Jersey.

They also plan to streamline human resources, finance and information technology.

Please forward any specifics to me.