J&J to cut 7,000 to 8,000 jobs - FTA

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11-03-2009, 09:40 AM

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J&J to cut 7,000 to 8,000 jobs

NEW YORK (Reuters) - Johnson & Johnson will eliminate about 6 percent to 7 percent of its global workforce, or some 7,000 to 8,000 positions, as the diversified healthcare company restructures and seeks cost savings, the company said on Tuesday.

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