Huge Cuts Being Rolled Out Now Due to Poor Leadership and Poor Manangement Decisions

[anonymous]

Poor J&J Leadership NOW resulting in:

1. Major Travel cuts.
2. 2019 Project Cancellations.
3. Headcount Reductions.


Next Up:

1. More Changes to Pension Plan
2. Medical Insurance Cost Increases
3. More Retiree Medical Cost Increases

This is real. Hold on tight.

 

[anonymous]

Is this all happening in February or March? How is Consumer impacted?

 

[anonymous]

Poor J&J Leadership NOW resulting in:

1. Major Travel cuts.
2. 2019 Project Cancellations.
3. Headcount Reductions.


Next Up:

1. More Changes to Pension Plan
2. Medical Insurance Cost Increases
3. More Retiree Medical Cost Increases

This is real. Hold on tight.

How about the corporate jet? Senior mgt stock and bonus?

 

[anonymous]

How about my mother and her janitor ho mo son giving blo jobs at Popeyes over some wings?

 

[anonymous]

“the corporate jet”

ha ha ha ha yous better go back to that new hanger and get your calculator and count again.

How about the corporate jet? Senior mgt stock and bonus?

 

[anonymous]

Yes packages I’lll take one and I know a lot of folks who would take them too come on J&J!

 

[anonymous]

March 05 is the date for Consumer official announcement

 

[anonymous]

JABIL

 

[anonymous]

After the talc powder supplier declared bankruptcy, I wonder if the company will still make baby powder as consumer is a significant part of the portfolio. Lawsuits are financially threatening big time as per my research.

 

[anonymous]

This is FAKE NEWS! It is impossible for this to be true.

Haven't you read the Credo!?

JNJ would never completely fuck over their employees to increase executive bonuses.

JNJ would never put patients at risk to increase executive bonuses.

JNJ would never cut incentive comp checks in half for thousands of sales reps just to increase executive bonuses.

If you're not laughing your ass of by now, know this- The Credo is a monument of hypocrisy.

Think about it- the largest health care company in the world offers absolute shit health care benefits at a HUGE cost to employees. Most executives would be embarrassed by this. Not at JNJ. Our executives take pride- not in creating an amazing corporate culture (ours sucks- everyone who works here is looking for a better job & will bail out as soon as they get one), not in creating awesome & affordable products (we create the cheapest product we can while charging an absolute mint for them and if they happen to be dangerous, cover that shit up!), certainly not providing value to the people who make this all happen.

3 things matter to JNJ leadership (in order of priority)
#1 Maximizing Executive payout
#2 Maximizing profit to increase priority #1
#3 Maximizing short term profit (even at the cost of long term profit b/c the a-holes running this shit show don't plan on being around in 2 years... this is a cash grab)

 

[anonymous]

This is FAKE NEWS! It is impossible for this to be true.

Haven't you read the Credo!?

JNJ would never completely fuck over their employees to increase executive bonuses.

JNJ would never put patients at risk to increase executive bonuses.

JNJ would never cut incentive comp checks in half for thousands of sales reps just to increase executive bonuses.

If you're not laughing your ass of by now, know this- The Credo is a monument of hypocrisy.

Think about it- the largest health care company in the world offers absolute shit health care benefits at a HUGE cost to employees. Most executives would be embarrassed by this. Not at JNJ. Our executives take pride- not in creating an amazing corporate culture (ours sucks- everyone who works here is looking for a better job & will bail out as soon as they get one), not in creating awesome & affordable products (we create the cheapest product we can while charging an absolute mint for them and if they happen to be dangerous, cover that shit up!), certainly not providing value to the people who make this all happen.

3 things matter to JNJ leadership (in order of priority)
#1 Maximizing Executive payout
#2 Maximizing profit to increase priority #1
#3 Maximizing short term profit (even at the cost of long term profit b/c the a-holes running this shit show don't plan on being around in 2 years... this is a cash grab)