Eli Lilly and Company (LLY) (JOBS) Reorganization to Cut 5,500 Positions Over 2 Years  
9/14/2009 7:59:26 AM

Bookmark and Share -- Eli Lilly and Co. will cut 5,500 jobs by the end of 2011 as it tries to cut $1 billion in expenses before it loses the revenue from its bestselling drug, Zyprexa.