The largest company in the field of products for healthcare Johnson & Johnson plans to lay off more than 7 thousand employees globally. They will cover basic managerial positions in various levels, the measure will reduce staff struggle between 6 and 7%. This is expected to lead to reserves of 1.7 billion dollars in 2011 to be invested in profitable segments of the business. In recent years, the company tries to diversify its business and focus its efforts in biotechnology, medical devices and write the goods after. Before opening the company’s shares rose by 1.7 percent to 60.50 dollars. The situation in Johnson & Johnson was quite stable, but the company is taking care after the bad financial report for the last quarter. the company reported loses of the profits and this step back was to keep the company alive.
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Data for the week to September 12 were revised to 551 thousands to 545 thousand for the previous issue. Continuing social applications for the week to 12 September. fall strongly with 123 thousands to 6.138 millions. Analysts had expected a decline to 6.20 millions after requests for the previous week were 6.261 millions (revised from 6.23 millions). The labor market began to show some signs for stabilization to growth rates recorded for any sector of the construction and real production, reinforcing forecasts that the U.S. economy will return to growth this quarter. However, government figures show that unemployment is rising, which should be noted that reverse recruitment will be gradual and that economic growth will be led by consumer spending, says Bloomberg.
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The American car-builder General Motors will increase its production by 60 000 vehicles by the end of the year to meet increased demand resulting from the government program against money for old cars” forward DPA. Production will be increased mainly during the period from September to December as likely in the coming months will boost production in all plants, said General Motors. The company will return to work in 1350 people in the U.S. state of Ohio and the Canadian province of Ontario and will focus on the Chevrolet Equinox, Chevrolet Cobalt and the GMC Terrain.
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