Upstream
TinyFishby TinyFish · Primary-source research
LIVE · Sep 9, 2026, 06:25 ET
Company read

JOHNSON & JOHNSON

JNJ
Direction score
was 45 · +0 vs prior scan
45
▲ Holding
Customer Sentiment 40%
51
Workforce 30%
36
Leadership 20%
43
Product / Ops 10%
50
Components are live; families with no completed source are excluded and weights renormalize.
The read
What we found, why it matters, what it changes — synthesized from this scan only · 16d ago
1
The workforce picture points to sharply reduced visible hiring rather than a broad layoff wave: open postings fell from 1553 to 5 while tracked affected employees fell from 862 to 86.
Why it matters  The 86-person entry is not enough by itself to establish material company-wide pressure, but the simultaneous 99.7% posting decline raises execution risk if it reflects a real staffing reset.
What it changes  A further scan that keeps postings at 5 or adds another dated layoff should weaken the execution outlook; a rebound in postings would argue that the current reading is temporary or incomplete.
Careers page · Layoff trackers
2
Leadership transition risk has increased without a broader rise in filing activity: the leadership score moved from 35 to 43 alongside an officer-change filing on 2026-08-04, while 12-month filings stayed at 123.
Why it matters  The combination points to a discrete management change that could affect execution, but it does not yet show a wider pattern of leadership disruption.
What it changes  The next scan should test whether another officer filing or a dated operating signal follows the 2026-08-04 change before treating leadership as a broader business risk.
SEC EDGAR
3
The scan does not support a demand acceleration despite the ops score rising from 38 to 50: the only current customer evidence is undated Reddit discussion about VELYS adoption relative to ROSA and MAKO.
Why it matters  Interest in a named MedTech product is not evidence of realized demand, market share, or revenue momentum, leaving the growth contribution unresolved.
What it changes  Keep the VELYS growth thesis unchanged until a dated product, geography, or official operating signal confirms adoption rather than discussion alone.
Reddit

What moved since the last scan

vs scan of Aug 24 · 15 days ago
Signal
Move
The evidence behind it
careers
1,5535 open job postings (-99.7%)
Employees Affected 86” — Layoff trackers
layoffs
86286 employees (-90%)
Employees Affected 86” — Layoff trackers
edgar filings
123 filings, 12mo
Officer change filed 2026-08-04 (8-K Item 5.02), 20 days ago.
layoffs
86 employees
The most recent listed WARN notice affects 86 employees in New Brunswick, New Jersey, effective August 21, 2026.
careers
5 open job postings
The JNJ careers homepage shows 5 open roles across Operations, Data Science, Human Resources, Medicines, and MedTech.

Supporting evidence, verbatim

Every quote links to its source and its scrape.
Quote
Source
Date
Scraped
Employees Affected 86
Aug 21
16d ago
Senior Manager, HR BP
Aug 17
16d ago
Senior/ Principal Scientist, BDCC API
Aug 17
16d ago
Data Solution Lead
Aug 17
16d ago
[MedTech] Education Excellence Staff, Orthopaedics
Aug 17
16d ago
Associate Manufacturing Operator
Aug 17
16d ago
Form 8-K, Items 5.02,9.01 — filed 2026-08-04
Aug 4
16d ago
Form 8-K, Items 5.02 — filed 2025-09-09
Sep 9
16d ago
December 27, 2024New Brunswick, NJ231
Dec 27
16d ago
April 30, 2023Redwood City, CA1
Apr 30
16d ago
January 26, 2023New York, NY64
Jan 26
16d ago
June 25, 2021Los Angeles, CA3
Jun 25
16d ago