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.

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.

Significant headcount reduction plans are believed to be in the cards as part of these efforts, with an estimated 100...

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