Dr.Reddy's: 'Factually incorrect': Dr. Reddy clears air amid workforce reduction rumors
Dr. Reddy's Laboratories has refuted media reports alleging a 25% reduction in workforce costs. The Hyderabad-based pharmaceutical giant dismissed claims of layoffs targeting high-earning employees and voluntary retirement offers for older staff, particularly in R&D.
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Dr.Reddy's is an India-based pharmaceutical company that manufactures and markets medicines, active pharmaceutical ingredients and intermediates for for the healthcare sector.
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