Layoffs ahead for nearly 300 as J&J winds down Animas

Johnson & Johnson (NYSE:JNJ) plans to lay off nearly 300 workers in Pennsylvania as it winds down its Animas insulin pump business.

The layoffs for 297 are slated for Animas operations in West Chester and Wayne, Pa., effective Dec. 15, according to a notice filed with the Commonwealth’s Dept. of Labor & Industry. J&J announced the shutdown earlier this month for the 410-worker operation, offering to help some 90,000 Animas patients transfer to products made by rival Medtronic (NYSE:MDT).

Get the full story at our sister site, Drug Delivery Business News.

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