Let's place some bets on the next Layoff date

[Anonymous]

Who wants to take a guess at the next layoff date. I'll take the first guess:

September 11th, 2014.

 

[Anonymous]

Who wants to take a guess at the next layoff date. I'll take the first guess:

September 11th, 2014.

Close but not exactly and it will be mostly CAS and MH but DBU and BMBU won't come through unscathed. Will be based on needs of each territory. First two divisions income don't justify their own divisions. PC can go into the high decile specialty offices (just like PC is doing for Psychs right now) plus we get to unload all of the managers salaries and benefits. Way too many reps in diabetes offices (doctors are complaining) so that will be reduced based on each specific territory. BMBU running out of drugs to sell. SF will be expanded to cover more of their offices. Re-read this at the end of the summer and you will see I was right.

 

[Anonymous]

Managers who are now reps or rehired as managers are gone, Amyvid reps gone, Biosciences cut in half, men's health gone, diabetes cut in half. Company needs to save money especially in light of new $3B fine , people are dispensable can always hire new ones at lower wages when needed. This is not your father' s Lilly.
Insider

 

[Anonymous]

Managers who are now reps or rehired as managers are gone, Amyvid reps gone, Biosciences cut in half, men's health gone, diabetes cut in half. Company needs to save money especially in light of new $3B fine , people are dispensable can always hire new ones at lower wages when needed. This is not your father' s Lilly.
Insider

We're looking at notify in July let go in September somewhere in the vicinity of 900-1100 heads.

HR person

 

[Anonymous]

We're looking at notify in July let go in September somewhere in the vicinity of 900-1100 heads.

HR person

Spot on

 

[Anonymous]

Managers who are now reps or rehired as managers are gone, Amyvid reps gone, Biosciences cut in half, men's health gone, diabetes cut in half. Company needs to save money especially in light of new $3B fine , people are dispensable can always hire new ones at lower wages when needed. This is not your father' s Lilly.
Insider

You left out CAS

 

[Anonymous]

We're looking at notify in July let go in September somewhere in the vicinity of 900-1100 heads.

HR person

Look more 1100-1500. Minimally. Also, look for OUS sites to shutter outright.

HR Busy Bee

 

[Anonymous]

Announced on July 11th. Reps find out August 1st.

 

[Anonymous]

Why not on the 4th we'd all get a bang out of it !

 

[Anonymous]

Look more 1100-1500. Minimally. Also, look for OUS sites to shutter outright.

HR Busy Bee

Hoo boy we can buy back more billions in stock!!!!

Woopee!!! What a great place to work.

 

[Anonymous]

Hey Lilly's on a mission to dumb down the company and it's working !

 

[Anonymous]

Severance?

 

[Anonymous]

Announced on July 11th. Reps find out August 1st.

Correct

 

[Anonymous]

HR Person/HR Busy Bee
Any updates on this?

 

[Anonymous]

Do you think working 80% affects whether or not you're chosen to be let go?

 

[Anonymous]

Do you think working 80% affects whether or not you're chosen to be let go?

Everyone works 80% some less how can they differentiate

 

[Anonymous]

There are NO layoffs. Merely firings with the minimum required payola to circumvent the law.

Let's keep it real... this company couldn't care less.

 

[Anonymous]

There are NO layoffs. Merely firings with the minimum required payola to circumvent the law.

Let's keep it real... this company couldn't care less.

Announced July, happening in August

 

[Anonymous]

VEP please!

 

[Anonymous]

Whatever date it is, we won't have the 3 month timeframe we had last year from when we found out to when we were let go! My bet is that MH and CAS will be greatly downsized!