This is Absolutely Atrocious The JNJ Brand is Getting Trashed
Who is responsible? Weldon had already instructed the broad of director to assign all the blame to the management of the local company (see the B of D report). Nothing about the effect due to waves of layoff in McNeil starting in the mid-2000 that cut QA and technical people after the merge with Pfizer. Weldon puts his head under the sand and he wants the shareholder do the same. What a sad chapter for J&J.