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J&J cutting four business groups


Johnson & Johnson is restructuring its management by cutting four of its smallest business groups.

As well as consolidating management, the health care giant is expected to make more changes over the next few weeks in a bid to make the company more efficient.

J&J has not made any announcements of job cuts, despite eliminating its comprehensive care business.

The group was one of three business units created in a January 2008 aimed at boosting sales, but in the first half of 2009 sales had dropped 8% compared to last year.

The operations of the unit, which makes medical devices and tests for chronic disorders such as diabetes and obesity, will now move into other parts of the company.

J&J spokesman Bill Price said: “We remain focused on driving growth in this challenging business and economic environment.”

He added that the changes are aimed at ensuring the company operates “in the most efficient manner” and that while no job cuts have been made J&J regularly assesses staffing needs and will continue to do so.

Copyright Press Association 2009

Johnson & Johnson

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