Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations

7,000 - 8,000 jobs
Number of planned job losses
Job loss
Announcement Date
4 November 2009
Employment effect (start)
Foreseen end date

Description

On November 4, pharmaceutical company Johnson & Johnson announced a global restructuring plan that involves 7,000-8,000 job cuts worldwide. The plan is intended to strengthen the company's position and increase its operational efficiency. The company estimates that layoffs will affect six to seven percent of its global workforce, mostly managerial staff. Johnson & Johnson employees approximately 117,000 people at more than 250 manufacturing units in 57 countries. As of November 2009, there is no precise information about when and where the dismissals will occur.


Sources

  • 4 November 2009: Hospod├írske noviny

Citation

Eurofound (2009), Johnson & Johnson, Internal restructuring in World, factsheet number 69780, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/69780.