Dr. Reddy's Laboratories Ltd. has initiated efforts to set right its skewed cost structure as it seeks to restore growth momentum in the backdrop of a challenging year gone by and the tough overall business environment.
Job Cuts Seen At Dr Reddy’s Amid Cost Recalibration
Dr Reddy’s Laboratories has set in motion significant cost control initiatives as part of broader efforts to emerge leaner and more nimble. Headcount rationalization in R&D is rumored to be already underway, while more operational areas could potentially see significant manpower reductions.
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