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BUSINESS | November 04, 2009 Johnson & Johnson Plans Cuts and a $1.3 Billion Charge By THE ASSOCIATED PRESS The company said that it would trim layers of management, cut jobs, and make other restructuring moves in order to save up to $900 million next year.
http://www.nytimes.com/2009/11/04/business/04drug.html?emc=eta1
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