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EXCLUSIVE FRANCE: Sanofi Report: Drugmaker to let go off staff at vaccine plants in India as part of review


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Ace Press News From Cutting Room Floor: Published: Jan.30: 2023:

#AceNewsDesk – Jan 30 (Reuters) – French drugmaker Sanofi SA (SASY.PA) is reviewing operations at two of its vaccine making facilities in India and plans to let go of all employees at the plants, the company told Reuters, after it failed to win a UNICEF contract

The drugmaker is offering voluntary retirement scheme (VRS) to all its employees at two sites near Hyderabad, a spokesperson for n x pl India unit told Reuters in an email.

About 800 employees could be affected by the decision, two sources familiar with the matter said. The sources did not want to be named as the matter is confidential.


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