Johnson & Johnson , the pharmaceutical company, said Tuesday it would trim layers of management, cut jobs and make other restructuring moves to save up to $900 million next year.
Lilly Plans to Cut Work Force by 13.5%
The drug maker said that it planned to cut 5,500 jobs under a restructuring plan as it girds for generic competition.
Report: Japan Airlines mulls cutting 5,000 jobs
Struggling Japan Airlines Corp., which is in the midst of major restructuring, is considering slashing 5,000 jobs in three years, a news report said Monday.
Unemployment Rate Falls to 9.7 Percent
The U.S. unemployment rate fell unexpectedly in January to 9.7 percent from 10 percent with some sectors adding jobs, the Department of Labor said Friday.
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