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Eli Lilly and Company (LLY) Job Cuts Almost Double Original Numbers in Detailed Report



5/7/2013 7:41:04 AM

Hey, Eli Lilly's hiring! (Isn’t it tempting?)

Eli Lilly and Co.’s massive restructuring of its sales force will affect more employees than the Indianapolis-based drugmaker disclosed in early April. Lilly will eliminate 1,624 positions from its U.S. sales force in July, according to a notice the company made to the Indiana Department of Workforce Development. The filing was dated April 26. Those losing their jobs will have the opportunity to apply for as many as 560 sales positions within Lilly, the company said. Those who do not find new jobs by July 15 will be let go. Among those affected are 379 workers on “fixed-duration” contracts that are scheduled to end during the first half of this year, anyway, Lilly said.

Don’t forget, Eli Lilly's hiring! (We know you can’t resist.)



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