I’ve heard that the J&J consumer division is expecting sweeping layoffs in early 2019. According to my friend who’s an employee, they quietly laid off quite a few people in Q4 because of lackluster sales results, and next year’s forecasts are looking even worse.
Re-posted for important info. OP is @VTz5PDP-Onlv.
Why digital focused? Isnt that what they need?
Not just consumer, its company wide. They're getting rid of older employees and sending the work to India. What a surprise. Their credo is a joke anymore. You have to be "disadvantaged" to work there anymore. If you're odd enough you'll be a top manager!
Today is the day everyone is finding out. :(
Consumer has been gutted. All digital focused marketing employees were sacked. Doesn’t matter the brand. Neutrogena, Aveeno, Tylenol, Bandaid. Looking like 30-40% team reductions across all marketing sections.
Also heard a significant number of consumer layoffs coming in May. Pharma, MD, JL, IC also being targeted later in the year.
layoffs are expected the week of may 13th. brace yourselves. in the consumer products division. global layoffs.
All sales reps and clinical educators are laid off, last day of employment is mid April 2019, for Biopatch Ethicon product (private label name, manufactured by Integra).