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Lilly to lay off 8 percent of employees in bid to cut costs

(Reuters) - Eli Lilly and Co said on Thursday it would lay off about 8 percent of its employees as the drugmaker, which has suffered setbacks over the past year in the development of two potential blockbuster drugs, works to cut cos...
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Lilly to cut 8 percent jobs, focus on developing new medicines

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(Reuters) - Eli Lilly and Co said on Thursday it would lay off about 8 percent of its employees to focus on developing new medicines and cut costs.

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