BENGALURU: Novartis Healthcare, the India subsidiary of Swiss pharma company Novartis, has done away with some roles in India. The company sent emails to select associates across functions asking for an in-person meeting in Mumbai. On reaching the venue, the employees were asked to resign and were offered a severance package, according to sources. TOI has seen a copy of the email.
When contacted, a Novartis spokesperson said, “Our product portfolio in India continues to evolve to meet the changing health needs of patients and our society. To that end, we have undertaken a review of the structures, roles and skillsets that we presently have and those that are required for the future….This strategic business decision has resulted in a total of 37 roles being made redundant. Over detailed individual discussions with the impacted employees, we spent considerable time explaining the separation packages and the career transition counselling services offered.” Novartis said it has close to 10,500 full-time employees.
