Do you think that we may be having cuts next year? I mean, if things do not improve and the economy continues to be very weak, what will happen with consumer spending and is J&J going to be able to make money for shareholders? I hear rumors all the time but you never know what's true. I wanted to see if someone here and an more information about layoffs and redundancies.
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What is absolutely beyond belief is that JnJ keeps adding layer upon layer of management at high salaries without corresponding results. They hack at lower level people's raises to accommodate the perceived need at upper levels. These people are never held accountable. Their "Credo" is used at their convenience as a scapegoat for ineffectual management
Thanks in advance