Johnson & Johnson to Lay Off 900

Johnson & Johnson announced today that they’d be laying off 900 employees from their Ortho-McNeil-Janssen Pharmaceutical business unit. Most of the positions on the chopping block are in sales, a representative said.
This is just part of an overall hiring freeze and position reduction plan for the company, though they’re mum on just how many employees will be laid off when it is all said and done. They currently employee about 119,000 people around the world. Ortho-McNeil-Janssen alone have several divisions.
Almost all pharmaceutical companies have laid off employees recently, and the economy is only partly to blame. Within the past few …read more