Novo Nordisk(US:NVO) Xin Jing Bao·2025-09-12 14:49Core Viewpoint - Novo Nordisk announced a transformation plan that includes a layoff of approximately 9,000 employees, representing about 11% of its total workforce, while also lowering its 2025 operating profit forecast by 6 percentage points, marking the third downward revision this year [2][8]. Group 1: Transformation Plan - The transformation plan aims to simplify the organizational structure, enhance decision-making speed, and refocus resources on growth opportunities in diabetes and obesity [3]. - The company plans to cut around 9,000 positions from a total of 78,400 globally, with approximately 5,000 jobs being eliminated in Denmark [3]. - The layoffs will affect all departments, and the company expects to save an average of 8 billion Danish Kroner (approximately 8.93 billion Yuan) annually by 2026, with the savings reinvested in growth opportunities [3][4]. Group 2: Financial Performance and Market Position - Novo Nordisk's flagship drug, semaglutide, generated sales of $16.683 billion in the first half of the year, making it the best-selling drug globally [6]. - Despite strong sales, the company faces increasing competition in the diabetes and obesity markets, particularly from Eli Lilly's tirzepatide, which achieved sales of $14.734 billion in the same period [7]. - The company has lowered its 2025 operating profit growth forecast from 10%-16% to 4%-10%, marking the third adjustment this year due to competitive pressures and performance expectations [8][9].