All Things Recruiting & Employment

Home | Jobs | Free Resume Builder | Recruiting News | Outplacement Services | NYC jobs | Audio jobs

Tuesday, April 29, 2008


Eli Lilly Jobs in Indianapolis

Pharmaceutical drug manufacture, Eli Lilly & Co. recently announced that it will soon be doing away with as many as 500 Indianapolis jobs. The company plans on abandoning its development of inhaled insulin thus making these positions unnecessary.

The termination of these Indianapolis jobs will effect those who work in manufacturing the insulin products Humalog and Humulin, along with those who work with the osteoporosis drug Forteo. Along with these positions, the company says they also plan to do away with some of its research and development jobs. Eli Lilly & Co. plans to reduce their staff numbers, if possible, through voluntary buyouts.

According to Edward Sagebiel, a company spokesperson, the layoffs will result in doing away with 4.2 percent of the Indianapolis jobs that the company offers. Over the last four years Lilly has decreased its worldwide employment by 5,500 people, or 12 percent. As of December 31st the company had 40,600 employees throughout the globe, 12,000 of which were located in Indianapolis.

He went on to say that there are several reasons for the necessity of the cuts. Between Lilly’s recent announcement that they will no longer be producing AIR insulin and improvements in how the company manufactures its pharmaceuticals, Sagebiel says that they can now meet the same demands with a smaller number of staff members.

Those employees that accept the buyouts will be leaving the company within the next three months.

Indiana’s March unemployment rate equaled that of the national average for the month at 5.1 percent, according to the Indiana Department of Workforce Development. Overall statewide employment decreased by 1,100 jobs, falling from 2,986,500 to 2,985,400 workers. The decline was attributed to seasonally-low construction growth caused partially by bad weather along with troubles in the housing market and the loss of jobs in Indianapolis and elsewhere in the manufacturing industry.


<< Home


July 2006   August 2006   September 2006   October 2006   November 2006   December 2006   January 2007   February 2007   March 2007   April 2007   May 2007   June 2007   July 2007   August 2007   September 2007   October 2007   November 2007   December 2007   January 2008   February 2008   March 2008   April 2008   May 2008   June 2008   July 2008   August 2008   September 2008   October 2008   November 2008   December 2008   January 2009   February 2009   March 2009   April 2009   May 2009   June 2009   July 2009   August 2009   September 2009   October 2009   November 2009   December 2009   January 2010   February 2010   March 2010   April 2010   May 2010   June 2010   July 2010   August 2010   September 2010   October 2010   November 2010   December 2010   January 2011   February 2011   March 2011   April 2011   May 2011   June 2011   July 2011   August 2011   September 2011   October 2011   November 2011  

This page is powered by Blogger. Isn't yours?