Huge Layoffs Coming in October 2024

[anonymous]

Hold on to your hats, the company will be trimming 10,000 jobs in Q4. Stay down and work hard. All Sectors. You heard it first here.

 

[anonymous]

Hold on to your hats, the company will be trimming 10,000 jobs in Q4. Stay down and work hard. All Sectors. You heard it first here.

Where did you hear that from?

 

[anonymous]

It makes sense given the broader rumors about aggressive cost cutting next year to make up for Stelara LOE…

 

[anonymous]

Please cut me ….

 

[anonymous]

Please cut me ….

lol ok

 

[anonymous]

Raises hand for sacrifice.

 

[anonymous]

It is not the rumor, budget cut targets have been given to everyone (don’t know about the headcount) and with targeted 15-20% reduction

 

[anonymous]

What about Oncology?

 

[anonymous]

What about Oncology?

No prevention, no treatment

 

[anonymous]

Where did you hear that from?

J. D. shared it with me in our weekly 1:1

 

[anonymous]

Hold on to your hats, the company will be trimming 10,000 jobs in Q4. Stay down and work hard. All Sectors. You heard it first here.

thanks for the heads-up before heads-roll.

I’m maxing out my international trips (corporate tourism) in the mean time before that perk is frozen!

 

[anonymous]

thanks for the heads-up before heads-roll.

I’m maxing out my international trips (corporate tourism) in the mean time before that perk is frozen!

Wake up, the freezes are only for flunkies. Directors & VPs approve their own travel. The rules never apply to them. They keep spending like there’s no tomorrow. If they had a valid reason to travel then it might be ok, but they create their own reasons. I would love to see a chart of Director & VP travel costs per trip vs. Regular People. Not even close. Most cronies drink their dinners.

 

[anonymous]

Wake up, the freezes are only for flunkies. Directors & VPs approve their own travel. The rules never apply to them. They keep spending like there’s no tomorrow. If they had a valid reason to travel then it might be ok, but they create their own reasons. I would love to see a chart of Director & VP travel costs per trip vs. Regular People. Not even close. Most cronies drink their dinners.

thanks for your insights,
I’m doing my part by booking only business class and not first class saving the company a fortune on my domestic and international trips. I only stay at J W Marriott or Park Hyatt, yes slumming it.
I like having my name proudly displayed on the International Service Board at WHC near the cafeteria on the first floor.

 

[anonymous]

thanks for your insights,
I’m doing my part by booking only business class and not first class saving the company a fortune on my domestic and international trips. I only stay at J W Marriott or Park Hyatt, yes slumming it.
I like having my name proudly displayed on the International Service Board at WHC near the cafeteria on the first floor.

Thanks for that. You are living the CREDO.

 

[anonymous]

J. D. shared it with me in our weekly 1:1

So an executive V.P came to Micky mouse Cafe pharma to share confidential intel?

 

[anonymous]

So an executive V.P came to Micky mouse Cafe pharma to share confidential intel?

Yeah, this happens all the time. In fact, most of what you read on here is from executives be a VP level, Director or regional manager. That’s why all the information on here is so valuable.

 

[anonymous]

Hold on to your hats, the company will be trimming 10,000 jobs in Q4. Stay down and work hard. All Sectors. You heard it first here.

Any insight on how it’s determined who is laid off? Who decides who gets cut? Any particular level targeted?

 

[anonymous]

Any insight on how it’s determined who is laid off? Who decides who gets cut? Any particular level targeted?

Let's hope a certain CEO and Group Chairman are on the list.

 

[anonymous]

JD’s earnings doubled last year now at $28 Million. I guess this is how they make up for that by laying off 10,000 employees. So credo like.
Or this is a bogus post to try and get employees to work even harder than they already are in 2nd half. Where is the accountability w the screw ups made by upper management that cost JNJ billions.

 

[anonymous]

Let's hope a certain CEO and Group Chairman are on the list.

Who makes that decision? BOD?