Is it true that another VERP will soon be offered?
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Topics regarding layoffs at Eli Lilly
78 people will be laid off in Bridgewater. So much for "no layoffs at Lilly" like some posters claim.
What's the best way to arrive to a decision here, should I stay or should I go? Any Lilly folks here who may be able to chime in?
When will re-org announcements be coming out, I can't focus, its,been way too quiet!,
The US target for layoffs was 2000. They hoped to have most come from VERP, with a max of 2800 VERP packages to be allowed. Each site and division will be looked over and reorganized based on who left. Don't expect and management leavings to be... read more
It seems the acceptance letters have all gone out and everyone has been approved. Numbers are still under the 2800 they hoped for. Does this mean a round of layoffs are to be expected soon?
Communication has been minimal, so it's nice to have this site to rely on for answers. I see jobs are being posted. Is this to back fill those retiring? It doesn't make sense?? Or are people going to have to start bidding on there own jobs?
2500 will come from the US and not as many people are taking the early retirement package as thought. Has anybody else heard more about this? I have been hearing rumors about more layoffs, but this is the first time I am hearing about low response to... read more
Loved it. I know it's not easy now.
Is this a joke? How come now we are talking about layoffs in Indianapolis.
Does anyone know what will happen with the Branchburg NJ site, will they still Manufactue Product on site? I heard a lot of areas will be outsourced and reduction of upper management.
I retired from Lilly last December and it was at one time one of the best jobs ever but now it's a joke. All the CEO and upper management cares about is about how much can they f--- over the working people and line there pockets. When you can pay the... read more
A quick question regarding Lilly's plans to lay off DBU reps? Do we know the magnitude of layoffs, or any subgroups withing DBU rep population that they are planning to target (more than others)... I am really annoyed with the way how they are... read more
Don't you just hate this? Eli Lilly announced layoffs, and now they're just going to let us stress over it and speculate about who will and who won't get laid off for who knows how long. Who in the world thinks this is a good idea for company morale?... read more
All early or enhanced retirement packages. No one in Indy is being laid off.
I really think Osteoporosis is speculation at this point - this is unless others have heard confirmation.
WEEKHERALD 2500 Shares in Eli Lilly and Company (NYSE:LLY) Purchased by Relative Value Partners Group LLC https://weekherald.com/2017/09/06/2500-shares-in-eli-lilly-and-company-lly-acquired-by-relative-value-partners-group-llc.html LEDGERGAZETTE... read more
Lilly will cut 3500 jobs cut worldwide, 2000 job cuts in US, Encouraging early retirement for those able to retire and those close to retirement, Letters have been dispatched to to all retirement eligible folks yesterday. Areas cut and... read more
No matter what they do they have to MASSACRE the DBU Sales Team. Take one person working there and you can see that their salary can easily be three times if compared to folks in manufacturing. Look at Bio Sci / Neuro – same programs – I expect to... read more
Given all Lilly's drug failures over last 36 months things are becoming increasingly difficult - based on this, I really think that the C-lineup will not have guts to cut R&D (rightfully so)... So, what options do they have. Think about it and you'll... read more
Do you know how many early retirement options we'll be having? I am sure we'll not have a concrete and confirmed numbers in short term so I am just looking to see what folks think/estimate.
Heard a rumor from multiple sources that no Bari reps will be impacted this time. Seems logical, but with this leadership you never know. The number of job cuts they announced is huge and I'm still concerned, and a lot of my colleagues are too. Eli... read more
I have read that Osteo reps will be hit hard in these layoffs. I have been looking all around, but not one of the media sources gives any specifics, just the numbers: 3,500 all over, 2,000 in the U.S. Does anybody know where this info came from? Is... read more
I'm truly not surprised by this announcement, we've had layoffs looming over our heads for years now. The only thing that's strange is that they're doing it like this, all at once, usually they lay off a few people here and there to make sure it... read more
Regrettably, mismanagement is the norm rather than the exception in modern business. GM, Ford, Chrysler, Bear Sterns, Lehman Bros, AIG, Citi-Group, Bethlehem Steel and a whole host of other industry giants ALL managed to bungle their ways to the very... read more
Please go away - layoffs happen often as we fine tune our business. Please do not stress out people, they are stressed enough already.
Nobody should be surprised by layoffs... Lilly keeps being focused on continuing to be "Lilly White" – OK, how did we do? We missed out on the chance to have a completely integrated workforce. The results tell the story - a result the operational... read more
Not that unexpected, but the number is still staggering - Eli Lilly will be laying off 3,500 people in the following months. So far, we know for sure that Bridgewater will be impacted, as the research facility is closing. Some will also be able to... read more
Is this every gonna stop? http://wishtv.com/2017/03/31/eli-lilly-employees-face-layoffs-due-to-failed-alzheimers-drug/
Whenever you think there will be no layoffs they change the approach. Now all people are talking about job cuts in Indianapolis.
What is the likelihood of Eli Lilly layoffs in Indianapolis in 2016? Please let me know if you have any information.
You never know when they are planning to cut but there is always some kind of workforce reduction going on on the sales side. They keep moving management around and things are not as stable as they used to be when I joined the Eli Lilly 15 years ago... read more
Zyprexa patent caused many issues, Cymbalta too. We lost over 1.5K sales folks in 2013. Some contractors, but 50%+ were employees. Some folks were moved. Zyprexa, lost 83% of its sales that year, what can you expect.
This is coming in Q1, EL seems to be doing it fairly often...
Eli Lilly will lose nearly 1,000 sales representatives nationwide "as a result of the loss of patent protection from two of its best-selling drugs: Cymbalta and Evista," writes Susan Fracasso, Rapid Response Coordinator for the state of Connecticut... read more