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Discussion
J&J Recent Cuts - Strategic or Financial?
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0x317a…a7a2With the recent WARN notices for Pleasanton and Walnut Creek, it makes me wonder about the bigger picture at J&J. Are these targeted cuts based on specific business units underperforming, or is this more of a broad financial tightening? I know healthcare is always evolving, but the frequency of these 'adjustments' feels a bit high lately. It's hard to gauge from the outside. If it's strategic, what does that mean for the future of those specific product lines or divisions? If it's financial, what's driving that pressure? Just trying to understand the underlying reasons to get a sense of job security for the rest of us. Anyone have thoughts on the strategy behind these layoffs?