Tylenol maker Kenvue to cut 4% jobs, beats quarterly profit estimates
(Reuters) -Kenvue will cut 4% of its global workforce amid investments to grow its key brands, the Tylenol and Band-Aid maker said on Tuesday, as it topped beat Wall Street estimates for first-quarter profit.
Kenvue Issues Cuts 4% of its Global Workforce
Kenvue has issued job cuts, eliminating 4% of its global workforce despite “beating Wall Street estimates for its first-quarter profit,” according to Reuters. The company previously closed its LA office and announced job cuts to take place over the course of the first half of 2024.
Tylenol Maker Kenvue Beats Quarterly Profit Estimates, Announces Job Cuts
Kenvue beat Wall Street estimates for first-quarter profit and said it would cut 4% of its global workforce to expand its key brands.
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker's efforts to expand its key brands. Since its spinoff from Johnson & Johnson in May last year,
Tylenol maker Kenvue beats quarterly profit estimates, to cut 4% jobs
(Reuters) - Kenvue beat Wall Street estimates for first-quarter profit on Tuesday, and said it would cut 4% of its global workforce amid the Tylenol and Band-Aid maker's efforts to expand its key ...
Kenvue’s stock jumps after earnings beat as company unveils plan to cut 4% of global workforce
Kenvue Inc.’s stock jumped 2% early Tuesday, after the consumer health business that was spun out of Johnson & Johnson last year posted better-than-expected first-quarter earnings and announced plans to cut jobs.
Band-Aid Maker Kenvue Cuts Workforce By 4%, Q1 Earnings Beat Street Expectations
FiercePharma11d
Kenvue maps out hundreds of layoffs as service pact with J&J winds down
Even after consumer outfit Kenvue split from Johnson & Johnson one year ago, the company has been performing certain services for the pharma and medtech giant as part of a transition process. | Kenvue ...
Morningstar12d
Kenvue's stock jumps after earnings beat as company unveils plan to cut 4% of global workforce
Kenvue Inc.'s stock jumped 2% early Tuesday, after the consumer health business that was spun out of Johnson & Johnson last year posted better-than-expected first-quarter earnings and announced ...
Johnson & Johnson is selling its remaining Kenvue shares
Johnson & Johnson is selling its remaining shares in Kenvue Inc., the consumer-health business that it spun out last year.
U.S. News & World Report12d
Tylenol Maker Kenvue to Cut 4% Jobs, Beats Quarterly Profit Estimates
(Reuters) -Kenvue will cut 4% of its global workforce amid investments to grow its key brands, the Tylenol and Band-Aid maker said on Tuesday, as it topped beat Wall Street estimates for first ...