Johnson & Johnson to cut 3,000 jobs
Posted on | January 19, 2016 | No Comments
Johnson & Johnson to cut 3,000 jobs
Global health giant Johnson & Johnson plans to shed about 3,000 jobs as the strong U.S. dollar takes a toll on the company’s medical devices division. The job cuts affect 4% to 6% of the company’s global head count in medical devices. “The bold steps we are taking today are to evolve our offerings, structure and footprint and increase our investment in innovation,” said Gary Pruden, worldwide chairman of J&J’s medical devices unit, in a statement.
USA TODAY
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