IBJNews

Lilly layoffs pare communications department

Back to TopCommentsE-mailPrintBookmark and Share

The communications department at Eli Lilly and Co. is the latest to face the company’s jobs ax.

The giant drugmaker is in the process of trimming 35 percent—or about 19 people—from its 55-person communications staff. Most of that staff is based in Indianapolis.

That communications team pushes out Lilly’s messages about its corporate business, its numerous drug products, directives from its executives and internal employee messages. They also field inquiries from reporters and stock analysts.

The communications employees who lose their jobs will be eligible to apply for open positions within Lilly. But, with the company moving to cut 5,500 positions worldwide by the end of 2011, open jobs are limited.

Lilly is providing outplacement and job-search help to all employees who lose their jobs and do not find new ones at the company.

The restructuring of the communications staff will be completed by mid-July, said Lilly spokesman Ed Sagebiel.

Lilly is reducing its work force in an attempt to cut $1 billion in annual expenses before patent expirations on its bestselling drug, the antispyhotic Zyprexa.

The $4.8-billion-a-year drug will face competition from cheaper generic versions beginning in October 2011, which will probably sap about 80 percent of its sales.

Since Lilly announced the planned job reductions in September 2009, it has trimmed employees in laboratory research, sales, marketing and manufacturing—including the transfer of the manufacturing plant in Lafayette to Germany-based Evonik Industries AG.

Lilly updates its progress on the job cuts once a quarter. In April, it said it had cut 1,500 jobs so far. The company will provide another update in July.

More details about Lilly’s restructuring plan can be found here.

ADVERTISEMENT

  • More than 550
    Lilly is staying out of many media areas by not just "reallocating" but by "firing" good employees. I just talked with a person who worked at Lilly 21 years. He was 3 years from his retirement pension. In 2009 he was out of the office on medical leave and returned to receive a probationary letter. Now, he is without a job. Don't get ill at a pharmaceutical company! You can't be sick and their drugs won't help you anyway
  • it job reductions
    Well 19 jobs lost in communications area of Lilly is a lot less then the buy-out offer to 550 Indiana IT employees. Almost 100 took the offer.
  • Zyprexa Litigation
    Eli Lilly Zyprexa claims still litigated
    Eli Lilly is making positive PR over their NOW $4 billion Zyprexa damages settlement while dragging their feet paying victims,many who are mentally challenged and less capable of advocating for themselves.

    Eli Lilly, the Indy-based pharmaceutical company pleads guilty to promoting Zyprexa for unapproved uses and is slapped with $1.4 billion criminal fine, the largest ever placed on a U.S. company. It's the largest pharma-fraud-whistleblower case in US history.
  • Chinese markets
    China could be consumer for Lilly's cash cow Zyprexa which has been reproached in the States for adverse litigation. All the best for Eli Lilly and resolution of Zyprexa claims-Daniel Haszard




Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

ADVERTISEMENT