Dr Reddy's Undertakes 25% Wage Bill Cut; High-Paid Employees Offered Voluntary Retirement: Report

Dr. Reddy’s Laboratories shares in focus on denial of workforce reduction - GAGA INDIA

Menu Home Equity Trading Account Portfolio (PMS) Unlisted Shares Physical to Demat Other Invest Mutual Fund Global Invest Bond Invest Fixed Deposit Real Estate Other Trading Forex Trading Training Videos Equity Training Upstox Demo Intraday Demo MF Demo Updates Index Prediction India Market News USA Market News Source link The post Dr. Reddy’s Laboratories shares in focus on denial of workforce reduction appeared fir…

'Factually incorrect': Dr Reddy's denies report on 25 pc workforce cost cuts, laying off highly-paid staff (Lead) - tennews.in: National News Portal

New Delhi, April 14 (IANS) Pharmaceutical major Dr Reddy’s Laboratories on Monday denied media reports that claimed that the company is planning a 25 per cent reduction in workforce costs and laying off high-earning employees. The company said the information is “factually incorrect” and categorically dismissed the claims made in the report. “We wish to […] The post ‘Factually incorrect’: Dr Reddy’s denies report on 25 pc workforce cost cuts, la…

‘Factually incorrect’: Dr Reddy’s denies report on 25 pc workforce...

Last Updated on April 14, 2025 by Team THIP New Delhi, April 14 (IANS) Pharmaceutical major Dr Reddy’s Laboratories on Monday denied media reports that claimed that the company is planning a 25 per cent reduction in workforce costs and laying off high-earning employees. The company said the information is “factually incorrect” and categorically dismissed […] The post ‘Factually incorrect’: Dr Reddy’s denies report on 25 pc workforce cost cuts, l…

Dr. Reddy's reduces Staffing Costs by 25%, Let Go Employees

According to media reports, pharmaceutical giant Dr. Reddy's Laboratories has started a comprehensive downsizing programme with the goal of reducing its personnel costs by over 25%. According to the report, numerous senior officials, including numerous workers who make more than INR 1 crore a year, have been asked to step down. According to a media report, voluntary retirement has been extended to employees in the company's research and developm…

'Factually incorrect': Dr Reddy's denies 25% workforce cost reduction claim - Business Fast

Hyderabad-based pharmaceutical major Dr Reddy's Laboratories on Monday rejected a media report that claimed that the company is reducing its workforce costs by 25 per cent, to cut manpower-related expenses. "We wish to clarify that the said news is factually incorrect. We categorically deny the claim of a 25% workforce cost reduction and the other

Dr Reddy’s Labs cuts workforce costs by 25%, lays off high-earning employees

New Delhi, April 14: Pharmaceutical major Dr Reddy’s Laboratories is reportedly implementing significant workforce cost-reduction measures, including a nearly 25% cut in workforce expenses and layoffs targeting high-salaried employees earning over ₹1 crore annually, according to media reports.Join the Whatsapp Channel to Get News updates in englishThe company has also offered voluntary retirement packages to employees aged between 50 and 55 with…