WBAA News
Eli Lilly to Make More Job Cuts
(2007-12-07)
INDIANAPOLIS, IN
(wbaa) -
There will be more job cuts at Indianapolis-based drug-maker Eli Lilly.The company operates Tippecanoe Labs just outside Lafayette.
Lilly has already reduced its workforce by five-thousand over the past three years.
Spokesperson Phil Belt says that trend will continue, although he declined to give a specific number of job cuts.
Despite the anticipated reductions, the company is upbeat about drugs in its pipeline.
It expects to launch six new products within five years.
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