Layoffs Are Coming to J&J in January

I can see the writing on the wall at CSS.. spent tons of money bringing the companies together, upgrading the facilities only to see minimal growth. The only company doing anything is BWI the rest are dogs.. especially ASP.. They have the blind leading the blind over there. The US commercial leader has NO sales experience and the GSM leader has NO marketing experiance.. get your popcorn and let the shit show begin.

 

Correction, except for BWI, the rest of CSS has all seen sales declines the last 2 years. ASP, Acclarent, Cerenovus, and Mentor have all seen their sales numbers decline year after year. Sterilmed is still experiencing double-digit sales declines for more than 3 years. Sedasys has already been shuttered, Cordis and Codman were both dumped.

CSS doesn't fit into the long-term strategy of where J&J is going in terms of maintaining at least 4% growth. There will have to be more than just layoffs in order for J&J to fix what's broken here. BWI is a keeper for J&J, and BWI is already physically separate from the rest of CSS with their own buildings and campus in Irwindale & Israel. Mentor could easily be sold off or spun back off into an independent company as they were before 2009 since they have their own buildings and campuses in Texas and Netherlands. ASP, Sterilmed and Acclarent could be sold off to a private equity firm like Ortho Clinical Diagnostics was. In order to sell ASP, Sterilmed and Acclarent, they would need to cut headcount and outsource most manufacturing. A good chunk of Sterilmed's operations are outsourced to outside vendors or contractors, ASP's manufacturing is nearly all outsourced, and all of Acclarent's manufacturing is outsourced. With a few more layoffs here and there, the pieces are already in place for J&J to break up CSS.

 

HR contact here. Layoffs are confirmed. Packages go out on 15 January...

 

Great; an end to uncertainty.

 

i say ASP Starts layoffs at the end of FY 18. The Velocity launch was delayed in FY 17 which may have effected the total numbers. They have been backfilling too many positions to layoff now

 

Layoffs for any particular group or across the board?

 

There have been situations where newly-hired employees were laid off just a few weeks after being hired, and HR was completely on-board with it. Even HR will knowingly on-board new employees with the knowledge they are being laid-off in a few days. Nothing is guaranteed in life.

 

HR isn’t here to protect you; it’s the company they protect. who do you thing signs their paychecks.

 

The funny thing is that most of HR for CSS was laid off last year, since the HR function was outsourced to a call center in the Philippines (not a joke).

 

2nd Paragraph from the credo:

We are responsible to our employees, the men and women who work with us throughout the world. Everyone must be considered as an individual. We must respect their dignity and recognize their merit. They must have a sense of security in their jobs. Compensation must be fair and adequate, and working conditions clean, orderly and safe. We must be mindful of ways to help our employees fulfill their family responsibilities. Employees must feel free to make suggestions and complaints. There must be equal opportunity for employment, development and advancement for those qualified. We must provide competent management, and their actions must be just and ethical.

What was that line from Pirates of the Caribbean? "the code is more what you'd call "guidelines" than actual rules."

 

Too funny, generally guidelines are followed to a certain extent. Leadership ignores each and every sentence above. Come on gang, we all know the credo is a sham.

 

Layoffs are confirmed....

 

And we continue to roll through the month....

 

Which of the over 200 companies??

 

Mostly Pharma, MD, and New Brunswick

MD - CSS
Pharm - QA

Notices Jan 15 - Jan 31

It is real, already notified some groups in late 2017 and since Jan 02

 

HR again, communication in most sectors has been intentionally non-existent, not in line with the Credo indeed, wait until the news outlets get wind of this, that is why we are staggering the layoffs by group and location - so it cannot be called one big layoff

 

Depuy location in Warsaw, Indiana will be closing at the end of 2018, Confirmed.

 

Is this in the news anywhere?

 

where in CSS?

 

must give 60 days notice only per WARN