World News

Wegovy-maker Novo Nordisk to cut around 9,000 jobs

Wegovy-maker Novo Nordisk to cut around 9,000 jobs


Wegovy injection pens arranged in Waterbury, Vermont, US, on Monday, April 28, 2025.

Shelby Knowles | Bloomberg | Getty Images

Danish pharmaceutical giant Novo Nordisk on Wednesday announced plans to cut roughly 9,000 roles.

“Novo Nordisk today announced a company-wide transformation to simplify its organisation, improve the speed of decision-making, and reallocate resources towards the company’s growth opportunities in diabetes and obesity,” the company, which produces the Wegovy weight loss medication, said in a statement,

“As part of the transformation, Novo Nordisk intends to reduce the global workforce by approximately 9,000 of the 78,400 positions in the company, with around 5,000 reductions expected in Denmark.” 

This is a developing story and will be updated shortly.



Source link

Related posts

Alibaba leads $100 million investment in Chinese humanoid robot startup

admin

Malawi-Tanzania trade row: ‘My bananas were seized and destroyed’

admin

UBS loses crown as continental Europe’s most valuable bank to Santander amid U.S. tariffs

admin

Leave a Comment