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Johnson & Johnson CEO William Weldon stands to collect pension benefits and deferred compensation valued at $143.5 million after his retirement, according to new details released by the health-care conglomerate.
Johnson & Johnson will eliminate about 6 percent to 7 percent of its global workforce, or some 7,000 to 8,000 positions, as the diversified healthcare company restructures and seeks cost savings, the company said on Tuesday.
Health care giant Johnson & Johnson is jumping into the increasingly hot vaccine business by taking an 18 percent stake in Dutch biotechnology company Crucell NV and focusing more on preventive medicine....