Novo Nordisk to Cut 9,000 Jobs Amid Restructuring and Competition
Novo Nordisk, the Danish pharmaceutical company known for its weight-loss drug Wegovy and diabetes treatment Ozempic, is set to cut 9,000 jobs as part of a restructuring plan. This decision comes in response to increased competition from Eli Lilly and a lowered profit forecast, following a global hiring freeze for non-critical roles.
Novo Nordisk to Cut 9,000 Jobs Amid Restructuring and Competition
Novo Nordisk, the Danish pharmaceutical company known for its weight-loss drug Wegovy and diabetes treatment Ozempic, is set to cut 9,000 jobs as part of a restructuring plan. This decision comes in response to increased competition from Eli Lilly and a lowered profit forecast, following a global hiring freeze for non-critical roles.
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