Novartis may go for layoffs due to Covid

Drugmaker Novartis India may lay off around 170 people as part of its workforce rationalization in the wake of Covid-19 impacting its business in India, sources said. “The layoff plan has been drawn as part of ‘fit for future’ project. The communication to identified employees will be made by March 31,” a senior executive told TOI.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3qFR7wJ