Intentar ORO - Gratis
Dr Reddy's cuts workforce cost by 25 pc, lays off employees above ₹1 cr package: Report
The Statesman Kolkata
|April 15, 2025
Drugmaker Dr Reddy's Laboratories is allegedly reducing its workforce costs by nearly 25 per cent, and also laying off employees earning above Rs 1 crore yearly, according to media reports.
The company reportedly has also offered voluntary retirement to employees aged 50-55 within its research and development division.
The reports stated that multiple high-salaried employees across various departments have already been asked to resign.
The move comes amidst the company's ongoing efforts to boost operational efficiencies.
The agencies contacted Dr Reddy's on the same and was yet to receive a response.
Esta historia es de la edición April 15, 2025 de The Statesman Kolkata.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The Statesman Kolkata
The Statesman
Fifty Shades of Green
Kerala takes my breath away.
4 mins
October 12, 2025
The Statesman
Farooq’s RS poll list exclusion sparks buzz
The ruling National Conference (NC) keeping the party chief and political stalwart Dr Farooq Abdullah out of the list of its candidates for the RS polls in J&K has come as a big surprise for the people and political observers.
1 mins
October 12, 2025
The Statesman
Student alleges rape in Durgapur, police launch probe
The New Township Police Station (NTPS), under the Asansol Durgapur Police Commissionerate (ADPC), launched an investigation following a complaint of alleged rape of a second-year MBBS student of a private medical college in Durgapur lodged last night.
2 mins
October 12, 2025
The Statesman
Israel rejects freeing from prison the most popular Palestinian leader
The most popular and potentially unifying Palestinian leader ~ Marwan Barghouti ~ is not among the prisoners Israel intends to free in exchange for hostages held by Hamas under the new Gaza ceasefire deal.
1 mins
October 12, 2025
The Statesman
MEA distances itself from Afghan Embassy controversy
The Ministry of External Affairs (MEA) has distanced itself from the controversy regarding the Afghan embassy's decision to deny access to women journalists during a press conference held by Afghanistan's Foreign Minister Amir Khan Muttaqi in New Delhi.
2 mins
October 12, 2025
The Statesman
UP govt targets zero stubble burning by 2025-26; heavy fines for violators
Chief Minister Yogi Adityanath has issued strict directives to curb stubble burning in Uttar Pradesh, aiming to reduce incidents to zero by FY 2025-26.
1 min
October 12, 2025
The Statesman Kolkata
Healing through stories
Maya had always loved photography, but after her grandma passed away, she found it hard to pick up her camera. Everything reminded her of her grandma, who had taught her how to take pictures.
1 min
October 12, 2025
The Statesman Kolkata
Right Track
When just-retired Surekha Yadav climbed into the cabin of her first train in 1989, she wasn't setting out to make history.
2 mins
October 12, 2025
The Statesman Kolkata
ICG ship arrives in Maputo with aid, boosts regional cooperation
As part of its ongoing overseas deployment to Africa, Indian Coast Guard (ICG) Ship, Sachet, an Offshore Patrol Vessel (OPV) made a port call in Maputo, Mozambique on Saturday.
1 min
October 12, 2025
The Statesman Kolkata
Shapoorji Pallonjibacks Tata Sons listing, pledges ‘constructive role’
Construction and engineering major Shapoorji Pallonji Mistry Group officially issued a statement on Saturday that it supports public listing of Tata Sons, which is the holding company of the Tata Group, saying that it would play a “constructive role”.
1 mins
October 12, 2025
Listen
Translate
Change font size