New Delhi, Sept. 1 -- French spirits maker Pernod Ricard has seen at least 200 exits over the past two years, reducing its total headcount in India to 1,400 as part of a major operational restructuring. The company has asked at least 50 mid-to-senior management employees to leave between January and July 2026, according to multiple people familiar with the matter, with another 20 to 30 expected to exit between December 2026 and March 2027. These cuts affect senior executives across several departments, including the heads of operations, marketing, human resources (HR), and supply chain.

The latest exits exclude roughly 100 employees who transferred to Tilaknagar Industries following its Rs.4,150 crore acquisition of Imperial Blue, Pernod...