Have the 3500 been identified yet?

Discussion in 'Eli Lilly' started by anonymous, Oct 9, 2017 at 9:53 PM.

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  1. anonymous

    anonymous Guest

    have the 3500 been identified yet? Of the 2800 early retirement offers, how many will take them? Also with numerous site closures and area consolidations, where do we stand with the 3500? How many more needed and from where will they come?
     
  2. anonymous

    anonymous Guest

    the deadline to take the VERP is oct 18? the verp does not cover the 2000 cuts needed in the usa. also note that every division has a hard headcount reduction they need to meet regardless of the verp or not. cuts will be based on years of service so those freshly hired millennials should start applying for seasonal positions at amazon or walmart
     
  3. anonymous

    anonymous Guest

    What are you talking about? It was said from day one they hope most of the 2000 from the US would come from the VERP. And if you think the youngins will be cut, that absurd. More money saved in older senior people and management.
     
  4. anonymous

    anonymous Guest

    What are you talking about? It was said from day one they were hoping the majority of the 3500 would come from those taking the VERP. Also, the youngins are the safest. Older tenure and management cuts would save the most money.
     
  5. anonymous

    anonymous Guest

    What are you talking about. It was said from day one they hoped the majority of the US cuts would come from those taking the VERP. Also, the millennials are the safest. Senior more tenure and management cuts would save the most money. And can back fill at a lower salary.
     
  6. anonymous

    anonymous Guest

    unless your division has a lot of 50+, verp will not cover the required headcount reduction. depending on your division, there are two scenarios for cuts: 1) make everyone reapply for jobs -allows the company to age discriminate and keep the millennials or 2) respect years of service and fire millennials
     
  7. anonymous

    anonymous Guest

    Yes but the VERP will likely cover 1000-1500 of the US number of 2000 cuts. VERP is being used to to hopefully cover he majority of the cuts.

    No one will need to reapply for their jobs. You will either be cut or not.
     
  8. anonymous

    anonymous Guest

    Actually, the WDMG program will likely account for all 2,000 positions.

    WDMG - "White Dudes Must Go"
     
  9. anonymous

    anonymous Guest

    you are almost 100% correct however it is WDO5MAG
    “ White Dudes Over 50 Must Absolutely Go “ and this will happen as everything else has happened over the past 4 years and will be completed by April 1st, 2018. Sad but True.
     
  10. anonymous

    anonymous Guest


    Sad, but it's trolls like you that make impossible for people looking for REAL info. "White Dudes" over 50 aren't the only ones who received a VERP. Ignorant to even think so. You can be bitter all you want, but don't troll on those looking for life chnaging answers.
     
  11. anonymous

    anonymous Guest

    I agree with you. I come on here every day looking for hope and direction for my life. Without the wisdom found on this site, the world would be lost. These trolls are probably Russian spies who are trying to infiltrate the Lilly Master Plan for its first in class pipeline.
     
  12. anonymous

    anonymous Guest

    You are correct, sorry White dudes over 50 represent 90%’ and if you are lookin for life changing answers on this site you are truly a snow fair I mean snow flake.
     
  13. anonymous

    anonymous Guest

    cuts after the VERP will be based on YEARS OF SERVICE, not gender, race, religion, or sexual orientation... those who qualify for VERP but did not take may still be able to keep their jobs.
     
  14. anonymous

    anonymous Guest

    Some of the people they want to get rid of are not smart enough to take the hint and take the VERP. Hearing of more than a few who will have 87-90+ points turning it down. At least one idiot with 100 points also saying no. I don't think senior mgmt sounds confident they will get 2000 let alone the 2800 they want. Lilly research under Ricks and Dan will be very different so if people are not ready for a new path that involves working hard they need to GTFO. Hearing cuts after VERP in departments ranging from a low of 9% to 25% of chemistry and AA's. My area won't get its 15% with VERP so layoffs coming. Also hearing they want people out fast so they may not have time to re interview to get rid of the crap who don't VERP.
     
  15. anonymous

    anonymous Guest

    actually hearing diversity will be a factor, not just seniority, with race/ethnicity being very helpful to retention. Two lists apparently were made in each area, one with minority group members and one of everyone else. All based on how each employee self identified. Gender not so much unless it's an area really really underrepresented.