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1340 AM, Saturday, September 6th, 2008
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Lilly Offering Buyout To 2,000 Employees

Last updated on Thursday, April 17, 2008
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(INDIANAPOLIS) - Eli Lilly is cutting another 500 jobs.

Inside Indiana Business reports the company is streamlining a portion of its manufacturing operations in Indianapolis.

2,000 people are being given a buy-out/early retirement option.

Lilly is offering a voluntary exit program to employees in selected areas, with enhanced financial incentives for those who leave the company.

Ed Sagebiel with Eli Lilly says they've offered the buy-out program before to employees in Lafayette.


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