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Eli Lilly Reportedly Shuts HK Branch, Lays Off 50 Employees
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Eli Lilly and Company (LLY.US) has closed its Hong Kong branch operations for strategic reasons, according to Ming Pao. Product sales in Hong Kong will be handled by distributors, meaning that about 50 employees will be laid off. The affected staff may seek employment with the distributors. Earlier, Eli Lilly and Company had stated that it does not comment on rumors or speculation. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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