Layoffs?

Quote

anonymous

Guest
Noticed several long tenured legacy Synthes folks recently announcing leaving DS. All are 20 yr or more veterans. None would be leaving on their own considering the lucrative pension and heath care benefits everyone still there is hanging on for... Based on the recent uptick in departures (resignations/terminations), is J&J systematically purging high income and tenured employees to avoid paying out expensive long term entitlements? It just seems too coincidental that all these tenured folks would suddenly decide to leave all at once. I hope, at least, their severance packages are rich. The old saying "You don't grow gray at J&J," might ring true after all.
 






anonymous said:
Noticed several long tenured legacy Synthes folks recently announcing leaving DS. All are 20 yr or more veterans. None would be leaving on their own considering the lucrative pension and heath care benefits everyone still there is hanging on for... Based on the recent uptick in departures (resignations/terminations), is J&J systematically purging high income and tenured employees to avoid paying out expensive long term entitlements? It just seems too coincidental that all these tenured folks would suddenly decide to leave all at once. I hope, at least, their severance packages are rich. The old saying "You don't grow gray at J&J," might ring true after all.
Click to expand...


No doubt they are being shown the door. If JNJ waited much longer it would be obvious they’re being cut before they get to the 10 year milestone (summer of 2024) to qualify for healthcare in retirement.
 






J&J is the same company that spun off its cancer causing talcum products to avoid setting lawsuits with those afflicted by their incompetence and greed. To make matters worse, they recklessly continued to sell their deadly products despite being fully aware of the risks and yet chose not to inform the trusting public. Do you really believe they are going to pay for long term health care benefits and pensions to retired employees that could live for another 30 years or more??? More likely they'll send you a lifetime supply of free talcum! Woke companies like J&J have no regard for human life, especially older folks.
 



anonymous said:
Noticed several long tenured legacy Synthes folks recently announcing leaving DS. All are 20 yr or more veterans. None would be leaving on their own considering the lucrative pension and heath care benefits everyone still there is hanging on for... Based on the recent uptick in departures (resignations/terminations), is J&J systematically purging high income and tenured employees to avoid paying out expensive long term entitlements? It just seems too coincidental that all these tenured folks would suddenly decide to leave all at once. I hope, at least, their severance packages are rich. The old saying "You don't grow gray at J&J," might ring true after all.
Click to expand...
 






Top Bottom
Back
Quote