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Economic downturn, even Johnson This diversified business, known for strong anti-risk ability of the company had to react to it? November 3, this one of the largest U.S. employees announced a worldwide, all product lines to cut out 6 % to 7% of staff, about 7000-8200, and the projected job cuts after 2011, which is able to save 1.4 to 1.7 billion U.S. dollars in expenses. Johnson have worked hard to slow down this painful decision. In fact, last year created a miracle strong survivors? Bad morality in 2008, still makes Sell Grew by 4.3%, but the third quarter of this year's financial report has revealed that its revenues for the quarter was 15.08 billion U.S. dollars, down 5.3%. All Pharmaceutical companies Problem which also plagued Johnson. Its Pharmacy Sector, operating income from 6.1 billion a year earlier to 52.5 billion U.S. dollars, fell as much as 14.1%. Among them, the U.S. sales decline of 19%. This is mainly because of two important Drugs Epilepsy Drug Topamax and antipsychotic Risperdal patent expired. Last fiscal year, these two drugs have brought about 70 billion in sales, the patent expired, the long-spy Generic Herd phenomenon, the two sales were down by 76% and 40%. In addition, the overall economic recession, making the pockets of individual consumers Wujin, Consumer Products Division revenue for the quarter fell 2.7%. "If you review the past five or six times of economic recession, you will find health care industry, a bit like the overall decline in indicators of recession," Johnson CEOBillWeldon accepted in September of this year, "Business Week" interview, said, "This is my life, see the economic environment had the most difficult period. " Layoffs are sooner or later. As the best-selling drug patents expire, and new drug development costs not only high, and difficult to pass the test department of audit, cuts almost all the major pharmaceutical companies has become a common choice. In January of this year, AstraZeneca Pharmaceuticals (AstraZeneca) announced that it will cut 10% of the employees, the number more than 7000; Pfizer (Pfizer) Wyeth M (Wyeth), about 20 000 employees (15 %) will be cut; Pharmaceutical Group, Eli Lilly (EliLilly & Co.) is in September announced that it will cut off 13 percent within two years or about 5500 jobs. In fact, Johnson & Johnson in response to competition from generic drug manufacturers, has been in the pharmaceutical sector in April this year, laid off 900 employees. Only this time the number of layoffs to be more severe. Forced to lay off as per the decision of a CEO, like, BillWeldon also said that the layoffs are not just to save on labor costs, but also to remove redundancies, streamlining processes, so that Johnson is more agile in this monster of some action. He said that beginning in August this year, Johnson has been in the reduction of management layers. Earlier this year, Johnson was sent veteran SheriMcCoy as Johnson & Johnson Chairman of the Group, she had in accordance with its basic research, clinical division of the department and other functions, changed to disease type, each department will generally operate like a small business? She believes that this will inspire the entrepreneurial spirit of Johnson potential to accelerate the pace of new product to market. This is generally thought the pharmaceutical industry, Pfizer has already begun two years ago to reduce R & D management level. Chief Financial Officer DominicCaruso Johnson said Johnson will be an overall reduction of development costs, particularly in the pharmaceutical sector? This year, in April of that train of thought similar to the layoffs. However, Johnson will continue to increase bio-pharmaceutical R & D investment? Industry generally believe that these new drugs can bring substantial profits in the future. The last cuts mainly for sales, one of the focuses of this reduction may be the sales department: According to "Business Week", said Johnson intends to provide online information to doctors through other means, replace lost parts salesman. Johnson & Johnson announced layoffs "is only one tenth of a reorganization plan?" Relax, This does not mean more jobs will be abolished, but more restructuring measures will be gradually raised. I am an expert from manufacturer-electronics.com, while we provides the quality product, such as Camera Watch , China Camera Watch, WIFI+TV Mobile Phone ,and more.
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