French drugmaker Sanofi SA is reviewing operations at two of its vaccine-making facilities in India and plans to let go of all employees at the plants, the company told Reuters, after it failed to win a UNICEF contract.
The drugmaker is offering voluntary retirement scheme (VRS) to all its employees at two sites near Hyderabad, a spokesperson for Sanofi's India unit told Reuters in an email.
About 800 employees could be affected by the decision, two sources familiar with the matter said. The sources did not want to be named as the matter is confidential.
Bu hikaye Business Standard dergisinin January 31, 2023 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin January 31, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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