BD has announced their BDX earnings earlier this week...........
Extract from http://finance.yahoo.com/news/edited-transcript-bdx-earnings-conference-153301277.html : In addition, we are pleased to announce that we have increased our cost synergy target from $250 million to $325 million to $350 million as we exit fiscal year 2018.
Cost synergy = laying off employees
cfr:
http://www.investopedia.com/terms/c/costsynergy.asp
http://financial-dictionary.thefreedictionary.com/Cost+Synergy
http://www.investorwords.com/11994/cost_synergy.html
What's currently going on is not the end of it...................