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J&J Layoffs

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.

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Did J&J close down the DePuy site in Warsaw already?

Uhh, no.

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Did J&J close down the DePuy site in Warsaw already?

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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 **** show begin.

Good, hopefully they will get rid of CSS and most of the worthless in charge there, especially people like SN and Celine. JNJ sure knows how to turn a good thing into ****, even with BWI.

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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 **** show begin.

Inept leadership ..... its only a matter of time until CSS is no longer. Even BWI has started to lose market share so JnJ will milk this business for a few more years and probably toss it aside (y'all remember Cordis). JnJ's long term prospect is in pharmaceuticals.

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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 **** show begin.

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