Thread regarding Eli Lilly layoffs

VERP Acceptances

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?

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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 filled. Groups will be consolidated. I wouldn't be surprised if there was an addition 10% cuts across the board excluding VERP. Only thing is, who decides and how. Seniority? Performance? Diversity? Combo? Or simply looking over org charts and see what and who makes sense. It isn't over. Good luck.

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