INDIANAPOLIS (AP) — Eli Lilly and Co. has told its employees it plans to cut 340 information technology jobs in 2010.
The Indianapolis Star says of that number, the pharmaceutical company already has cut 140 jobs through retirements, resignations and layoffs.
Thursday's announcement means 200 more information technology workers at the Indianapolis-based company will lose their jobs this year. Lilly says 115 of the cuts will be in Indiana.
The company has 1,350 information technology employees nationally.
Lilly has said it's cutting 5,500 jobs by the end of 2011 to save $1 billion. It announced the reduction last year to help cope with an expected revenue fall as several of its leading drugs lose patent protection.