0.32 (0.34%)
Share Name Share Symbol Market Type
Sanofi EU:SAN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.32 0.34% 95.27 95.26 95.28 95.56 94.71 95.19 254,330 15:23:10

Sanofi to Implement Voluntary Retirements at India Sites

31/01/2023 9:39am

Dow Jones News

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By Cecilia Butini


Sanofi SA's India division is implementing voluntary retirements for employees at two of its sites in the country, a spokesperson for Sanofi India said.

The voluntary retirement scheme comes on the back of the Covid-19 pandemic where new pharmaceutical manufacturers have established themselves, increasing the overall supply capacity for vaccines and medicines, the spokesperson said.

The French pharmaceutical company remains committed to its presence in India, it said.

Earlier, press reports said the company was planning to let go of all its employees at two plants in India, affecting 800 workers out of the 5000 that Sanofi employs in the country.


Write to Cecilia Butini at


(END) Dow Jones Newswires

January 31, 2023 04:24 ET (09:24 GMT)

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