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Novartis Says It Hired Over 1,600 Amid Job Cuts Speculation In India

 
• By Anju Ghangurde

Novartis counters speculation around pandemic-related staff cutbacks in India, saying that it actually upped the number of hires across its operations since January 2020. A senior executive separately provides a buoyant outlook for the Swiss firm’s global services operations in Hyderabad, which has added a significant number of new roles.  

Job cuts (Michael A Davis/Shutterstock.com)
Speculation About 'Right-Sizing' At Novartis India • Source: Shutterstock

Speculation about Novartis AG’s plans to "right-size" its workforce in India as part of broader business scenario-related evaluation plans have created a flutter in local industry circles, though the Swiss multinational underscored that it does not intend to implement any pandemic-related cutbacks in the country.

On the contrary, the company says it has hired more personnel across India, with a senior company executive indicating at a virtual conference this week that Novartis has added over 1,500 new positions even amid the pandemic at its operations in Hyderabad

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