Novo Nordisk to Cut 9,000 Jobs Amid Increased Competition
Novo Nordisk, the manufacturer of Wegovy and Ozempic, is set to cut 9,000 jobs as it faces declining sales and heightened competition from Eli Lilly in the weight-loss drug market. This decision comes in response to a reduced profit forecast and aims to streamline operations amid challenging market conditions.
Novo Nordisk to Cut 9,000 Jobs Amid Increased Competition
Novo Nordisk, the manufacturer of Wegovy and Ozempic, is set to cut 9,000 jobs as it faces declining sales and heightened competition from Eli Lilly in the weight-loss drug market. This decision comes in response to a reduced profit forecast and aims to streamline operations amid challenging market conditions.
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