Friday, November 10, 2017

Eli Lilly counts up 2,300 early retirements in $500M cost-cutting drive

Eli Lilly has persuaded 2,300 employees to take early retirement as part of a companywide streamlining designed to save $500 million. With those settled, the company says it's "on track to achieve" the 3,500 job cuts it outlined in September, with some facilities closing entirely.

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