No company has been immune from the economic factors causing waves of layoffs across the nation since 2020, including medical device giant Johnson & Johnson, whose companies include orthopedic franchise DePuy Synthes.
Here are four things to know about layoffs at Johnson & Johnson in the last two years:
1. In 2022, J&J announced plans to spin off its consumer health business.
2. The spinoff led to a small number of company layoffs taking place.
3. In 2023, J&J cut around 350 jobs from its Auris Health and Verb Surgical robotic surgery businesses.
4. The majority of the cuts came from Auris, which saw a 292 headcount reduction.