<ul><li>Dr Reddy's Laboratories denies plans to implement a 25% workforce cost reduction.</li><li>The pharmaceutical manufacturer deems the news of the plans to reduce workforce costs by 25% to be factually incorrect.</li><li>The company clarifies that there is currently no event or information which requires a disclosure.</li><li>The potential cost reduction initiative may have been due to underperformance in new ventures, such as the therapeutics division and nutraceuticals sector.</li></ul>

Dr Reddy's Denies Plans To Implement 25% Workforce Cost Reduction

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