Huge Layoffs Coming in October 2024

[anonymous]

They want heads off the books by Jan.01, 2025 which means they need to leave in 2024. That’s not rocket science. Policy requires notification before November. For instance they may not notify you 2-3 weeks before Christmas. That part is good. If you don’t believe the posts then no worries my dear. Be Happy, Don’t Worry.

 

[anonymous]

They want heads off the books by Jan.01, 2025 which means they need to leave in 2024. That’s not rocket science. Policy requires notification before November. For instance they may not notify you 2-3 weeks before Christmas. That part is good. If you don’t believe the posts then no worries my dear. Be Happy, Don’t Worry.

…………and “TRUST US”

 

[anonymous]

2 CVM f ups, I mean higher ups moved to onc. .

 

[anonymous]

2 CVM f ups, I mean higher ups moved to onc. .

Yup. The dominoes are starting to fall.

 

[anonymous]

2 CVM f ups, I mean higher ups moved to onc. .

lol…perfect description.

 

[anonymous]

Yup. The dominoes are starting to fall.

And now Katie Devine is leaving.

 

[anonymous]

Yup. The dominoes are starting to fall.

2 CVM f ups, I mean higher ups moved to onc. .

Can you translate?

 

[anonymous]

KT & JCP

 

[anonymous]

…………and “TRUST US”

quick poll: who do you trust more - a random stranger or JNJ executive?

 

[anonymous]

Random stranger 4 sure

 

[anonymous]

Hey Holmes, if CVM leadership is departing, I’m sure YOU are safe. Wake the Eff up.

 

[anonymous]

CVM shit leaders all going.
When will the call come?

 

[anonymous]

Xarelto had a good run but it’s coming to an end. Retail team is being let go. Institution lives on for awhile.

 

[anonymous]

Medtech consolidating the brands will lead a good number of the layoffs. Expect impact in all areas though.

What brands are being consolidated?

 

[anonymous]

What brands are being consolidated?

Well…none.

 

[anonymous]

What brands are being consolidated?

Johnson & Johnson consolidates medtech brands under single banner

Well…none.

Sure...You don't think they will use this to slash reps and other functions?

 

[anonymous]

What about vision?

 

[anonymous]

What about vision?

20-20 here baby.

 

[anonymous]

The layoffs will start from next week with each business line having a different target (combination of eliminating open headcount and workforce reduction). The range is between 10%-25% based on business line. Lot off work is being done for last 8 weeks under the umbrella of cash flow optimization. I am very surprised that so many folks are completely unaware of what is happening in the company… probably they drank company koolaid for so long .. read John Walk commitment to the market (about 5 Billion reduction in operating expense )

 

[anonymous]

The layoffs will start from next week with each business line having a different target (combination of eliminating open headcount and workforce reduction). The range is between 10%-25% based on business line. Lot off work is being done for last 8 weeks under the umbrella of cash flow optimization. I am very surprised that so many folks are completely unaware of what is happening in the company… probably they drank company koolaid for so long .. read John Walk commitment to the market (about 5 Billion reduction in operating expense )

Bro is trolling, there's no chance they'd cut that deep. Execs I've talked to said up to 20% budget cuts on each team, not 25% layoffs. That means subscriptions, contractors, personal expenses, etc. There's just no way what you're saying is possible.