Huge Layoffs Coming in October 2024



















At this point, if indeed it is a ±25% reduction across much of the company, I think Credo Survey scores could not really be taken seriously.
Where are you getting the 25% reduction across the company figure from? Is that all of J&J or just the CVM team? So far all I have heard is that the CVM sales and marketing team in "Innovative Medicines", along with any CVM-dedicated support personnel have been impacted. Did MedTech and Corporate get impacted too?
 






Where are you getting the 25% reduction across the company figure from? Is that all of J&J or just the CVM team? So far all I have heard is that the CVM sales and marketing team in "Innovative Medicines", along with any CVM-dedicated support personnel have been impacted. Did MedTech and Corporate get impacted too?
impacts felt across the enterprise
 






























Where are you getting the 25% reduction across the company figure from? Is that all of J&J or just the CVM team? So far all I have heard is that the CVM sales and marketing team in "Innovative Medicines", along with any CVM-dedicated support personnel have been impacted. Did MedTech and Corporate get impacted too?
IT , Marketing and SC all took hits across the globe in different size and scale. Some key groups were throughly shutdown, some took big hit in SC and some lost key VPs
 






IT , Marketing and SC all took hits across the globe in different size and scale. Some key groups were throughly shutdown, some took big hit in SC and some lost key VPs
Americas Vision commercial lost their VP. Said it was a “retirement”….The announcement said a succession plan will be communicated in a couple of weeks. I read that as the role probably won’t get backfilled? Wonder what they’re going to do.
 












Where are you getting the 25% reduction across the company figure from? Is that all of J&J or just the CVM team? So far all I have heard is that the CVM sales and marketing team in "Innovative Medicines", along with any CVM-dedicated support personnel have been impacted. Did MedTech and Corporate get impacted too?
Very much so.
 












Where are you getting the 25% reduction across the company figure from? Is that all of J&J or just the CVM team? So far all I have heard is that the CVM sales and marketing team in "Innovative Medicines", along with any CVM-dedicated support personnel have been impacted. Did MedTech and Corporate get impacted too?
Yes, Corporate was impacted and several groups informed this week. Last day is Dec 27.
 






Americas Vision commercial lost their VP. Said it was a “retirement”….The announcement said a succession plan will be communicated in a couple of weeks. I read that as the role probably won’t get backfilled? Wonder what they’re going to do.
The President “retired” and they promoted someone to VP two days prior. Now there’s a VP Commercial and a VP Marketing. I think they don’t backfill the president at all.
 


















Where are you getting the 25% reduction across the company figure from? Is that all of J&J or just the CVM team? So far all I have heard is that the CVM sales and marketing team in "Innovative Medicines", along with any CVM-dedicated support personnel have been impacted. Did MedTech and Corporate get impacted too?
FROM URANUS