| 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
Sanofi (EU:SAN)
Historical Stock Chart
From Dec 2022 to Jun 2023
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 cecilia.butini@wsj.com
(END) Dow Jones Newswires
January 31, 2023 04:24 ET (09:24 GMT)
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