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SPARC Announces Major Workforce Reduction, Shifts to Hybrid R&D Model
Sun Pharma Advanced Research Company Ltd. (SPARC) has announced plans to reduce its workforce by around 40% as part of a broader restructuring aimed at streamlining operations and optimising costs. The impact will be most pronounced in the United States, where more than 80% of employees are expected to be laid off, according to company disclosures.
Pharma Layoff | 09/01/2026 | By Darshana
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