At least 7000 workers will be fire in the world's largest company of health-products Johnson & Johnson and all this because consumers of this brand have drastically reduce the consumption of drug and skin care during this period of recession in the world.
According to reports by the New Jersey based company New Brunswick, it is expected that the health products company is likely to reduce to its 117,000 strong workforce anywhere between 6 percent and 7 percent.
Johnson & Johnson's shares have been down by 1.5 percent this year. Last month, there were reports that the sales in consumer products dropped by 2.7 percent to $3.99 billion in the third quarter.
All this are one of the effects that the crisis is doing over the world
