News: Ranbaxy an easy poaching ground for rivals

Employer Branding

Ranbaxy an easy poaching ground for rivals

Sun Pharmaceutical's $3.2-billion acquisition of Ranbaxy Laboratories, which has made it the nation's largest drug maker, has opened an exit door for many employees and a hiring ground for rivals. According to company sources, former employees at Ranbaxy and recruiters, at least 2,800 people have left Ranbaxy globally since April 2014, when the deal was announced. 

Sun Pharmaceutical's $3.2-billion acquisition of Ranbaxy Laboratories, which has made it the nation's largest drug maker, has opened an exit door for many employees and a hiring ground for rivals. According to company sources, former employees at Ranbaxy and recruiters, at least 2,800 people have left Ranbaxy globally since April 2014, when the deal was announced. 

Read Economic Times full report here.

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Topics: Employer Branding, #Corporate

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