Scalper1 News
Medical giant Johnson & Johnson (JNJ) said Tuesday that it’s restructuring its device division in a bid to save up to $1 billion annually by the end of 2018. J&J didn’t provide many details in its press release, saying that it will discuss the project further when it reports its Q4 earnings on Jan. 26. However, it did specify that the move will involve trimming 4% to 6% of the unit’s global workforce over the next two years, amounting to about Scalper1 News
Scalper1 News