Novo Nordisk CEO says job cuts affecting 9,000 staff almost complete ReutersOctober 31, 2025 at 7:05 AM 0 FILE PHOTO: A Novo Nordisk facility stands in Kalundborg, Denmark, September 12, 2025. REUTERS/Ali Withers/File Photo COPENHAGEN (Reuters) Novo Nordisk has notified employees impacted by the drugmaker's job cuts in the vast majority of its locations although the pace varies according to local laws, its CEO Mike Doustdar wrote in a post on LinkedIn on Friday.
- - Novo Nordisk CEO says job cuts affecting 9,000 staff almost complete
ReutersOctober 31, 2025 at 7:05 AM
0
FILE PHOTO: A Novo Nordisk facility stands in Kalundborg, Denmark, September 12, 2025. REUTERS/Ali Withers/File Photo
COPENHAGEN (Reuters) -Novo Nordisk has notified employees impacted by the drugmaker's job cuts in the vast majority of its locations although the pace varies according to local laws, its CEO Mike Doustdar wrote in a post on LinkedIn on Friday.
Doustdar launched a restructuring drive last month, including 9,000 job cuts globally as Novo faces heated competition in the United States, the world's biggest drug market, against rival Eli Lilly.
(Reporting by Stine Jacobsen, writing by Louise Breusch Rasmussen, editing by)
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Published: October 31, 2025 at 12:18PM on Source: EVENING MAG
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