Lilly Plans 200 Sales, Marketing Job Cuts
Indy To Feel The Brunt Of 200 New Lilly Job Cuts [The Indianapolis Star]
From Indianapolis Star (IN) (May 7, 2010)
May 7--INDIANAPOLIS -- Eli Lilly and Co. plans to cut 200 sales and marketing support jobs today in its U.S. biomedicine group, with more than half of those cuts taking place in Indianapolis, a company spokesman confirmed Thursday. The cuts are the latest wave of the drug maker’s previously announced plans to chop 5,500 jobs worldwide by the end of 2011 in response to financial pressures.
Lilly workers who lose their jobs will have an opportunity to apply for other openings within the company, although openings are limited, Lilly spokesman Ed Sagebiel said. Today’s cuts are the largest since Lilly eliminated 200 jobs from its research laboratories in March. (Star report)
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Posted: May 2010