Johnson & Johnson to cut about 3,000 jobs in medical devices

Johnson & Johnson to cut about 3,000 jobs in medical devices

Johnson & Johnson said Tuesday that it plans to cut about 3,000 jobs over the next two years as the health care conglomerate works to restructure its medical devices business. The New Brunswick, New Jersey, company said that amounts to more than 2 percent of its global workforce of around 127,000 people and 4 percent to 6 percent of its employee total in medical devices.

from Biotech News