April 15, 2025
admin
Dr Reddy’s not to cut workforce cost by 25%
(20 second reading) Pharmaceutical layoffs planned? No, says Dr Reddy’s Laboratories, as the drugmaker categorically denied media reports that has undertaken workforce reduction to cut costs by around 25 per cent. Calling the reports “factually incorrect”, Dr Reddy’s Laboratories denied layoffs of employees, including senior executives, as reported by Business Standard.
The paper had reported that Dr Reddy’s Laboratories, is looking to soon trim workforce costs by nearly 25 per cent. It reported that executives who earn more than ₹1 crore annually, have been asked to resign.
Quicklinks
