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'Factually incorrect': Dr. Reddy clears air amid workforce reduction rumors

Times of India LogoTimes of India1d ago

'Factually incorrect': Dr. Reddy clears air amid workforce reduction rumors - Times of India

Quick Summary:

Reddy's Laboratories has refuted media reports alleging a 25% reduction in workforce costs.

The Hyderabad-based pharmaceutical giant dismissed claims of layoffs targeting high-earning employees and voluntary retirement offers for older staff, particularly in R&D.

We categorically deny the claim of a 25% workforce cost reduction and the other claims mentioned in the said news article.

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'Factually incorrect': Dr. Reddy clears air amid workforce reduction rumors - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 23:42:29 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 593 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27869145

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 36 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

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The story "'Factually incorrect': Dr. Reddy clears air amid workforce reduction rumors" was covered 1 days ago by Times of India, a news publisher based in India.

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Times of India is a fully independent (privately-owned) news outlet established in 1838 that covers mostly economy and business news.

The outlet is headquartered in India and publishes an average of 36 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #27869145
  • URL: https://beamstart.com/news/factually-incorrect-dr-reddy-clears-17446462358168

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