ALZA Corporation (JNJ) to Cut 600 Jobs, Exit Mountain View HQ  
7/31/2007 5:56:03 PM

Alza Corp. says it is eliminating approximately 600 jobs in drug research, development and support by year's end. The restructuring came within hours of the announcement by Alza's parent company, Johnson & Johnson, that it plans to cut its global work force by 3 percent to 4 percent, or as much as 4,820 jobs.