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Johnson & Johnson, Toshiba set to follow GE's lead by splitting into smaller companies

Published November 12, 2021 at 12:33 PM CST

Just days after General Electic announced plans to split into three companies, Johnson & Johnson says it’s going to do the same.

The company said Friday it will split into two companies — one for consumer products and the other for pharmaceutical drugs. Toshiba also intends to split up its company.

Here & Now‘s Callum Borchers talks with Mike Regan, senior editor of Bloomberg News.

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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