Via the Indy Star:

Eli Lilly and Co. said today that it plans to cut employee headcount worldwide by 5,500, or about 13 percent, by the end of 2011, as part of a move to slash $1 billion in costs.

I’m not sure if that’s a sign of the times or not, but that is sad regardless, especially since Lilly is a major employer in the city (who doesn’t know someone that works or has worked at Lilly, directly or indirectly?).

This entry was posted on Monday, September 14th, 2009 at 1:02 pm and is filed under Business, Indianapolis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.