“…We are responsible to our employees,
the men and women who work with us throughout the world.
Everyone must be considered as an individual.
We must respect their dignity and recognize their merit.
They must have a sense of security in their jobs.
Compensation must be fair and adequate,
and working conditions clean, orderly and safe.
We must be mindful of ways to help our employees fulfill
their family responsibilities…”

and

“…Our final responsibility is to our stockholders….”

Sad to realize that the first responsibility is to our stockholders, and the last to our employees.

Maybe it’s time they change that famous Credo and stop fooling us…

http://www.forbes.com/markets/2007/07/31/johnson-johnson-update-markets-equity-cx_jl_0731markets23.html

However, the news today that J&J is suing the American Red Cross is the sort that really can’t be left solely to the lawyers. The Red Cross has issued its statements and is drumming up public and media sympathy.

Here’s the developing story:
http://news.google.com/news?hl=en&ie=ISO-8859-1&q=j%26J+red+cross&um=1&sa=N&tab=wn

For a corporate blog, this is precisely the moment of truth. If you are allowed to wade in, you win credibility. If you wade in and a tolerable public debate occurs, you win big time. Stay quiet, and it looks like the lawyers and bean counters run your blog. This would be a shame on so many levels.

Perhaps a description of the timeline of this row? Perhaps some leads as to what is due to happen, where and when? Perhaps even a link to a J&J site that describes the history of the firm and its use of the Red Cross? (You could add it to the sidebar even) I doubt if all these ideas could remotely be considered a violation of sub judice, but if so, how about a post to say so!

More like 600 jobs eliminated