Johnson & Johnson's ready to lay off hundreds more, their CEO is the highest paid in "big Pharm"... how is this following their "credo"?

Johnson & Johnson's ready to lay off hundreds more, their CEO is the highest paid in "big Pharm"... how is this following their "credo"?
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Answer :

Several aspects of that credo can become contradictory. How do you be responsible to shareholders if you don’t maximize profits? How can you give employees a sense of job security, if you have to lay them off in order to cut costs, so as to maintain profitability? I’m sure there are many more ways in which that credo can put the company in impossible positions where they have to violate one or another aspects of it.
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