Not fake news. J&J is closing the Los Angeles, Neutrogena Plant in the next 2 years. Apparently the production is going to Canada. The entire campus will be shut down. J&J all about $$$, don't care about Credo nor employees.
Spot on. It will be interesting to see how leadership spins this one. A somewhat close 2nd to $ is the public perception of JNJ. So when LA closes you can count on leadership going to great lengths to make it sound like they're not saving $, that it's all about investing in a "center of excellence" in another geography.
