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Johnson & Johnson China began a new round of layoffs last week,Watch Private Video Magazine 7 affecting several of the company’s business units, as intense competition and centralized procurement of medical supplies continue to affect the company’s profits, according to local financial media outlet Yicai. A former employee of the company told Yicai that the layoffs in China are part of global layoffs at Johnson & Johnson. When a spokesperson at Johnson & Johnson China was reached for confirmation by Yicai, they did not deny the news but said, “There is no additional information to share.” Johnson & Johnson currently operates a factory in Suzhou, China, which produces a range of products, such as surgical and orthopedic items. [Yicai, in Chinese]

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