Thread regarding J&J (Johnson & Johnson) layoffs

Consumer Group Acquisition

Amazon is interested in buying the consumer group. JNJ Exec's went to have communication meeting at Skillman offices and were blindsided by the questions from audience, seems employees know. JNJ has stopped or delayed a number of major projects. Additional thoughts are Amazon wants all of JNJ to break into generic pharma biz to partner with it's pharmacy play.

Also: Stop on all new hires and posting of new positions although consumer has 100s of openings they want core company people to move over to fill spots i.e. force reduction in core company if it is to remain.

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