Workflow
Novo Nordisk CEO says job cuts affecting 9,000 staff almost complete
Novo NordiskNovo Nordisk(US:NVO) Reutersยท2025-10-31 10:03

Core Insights - Novo Nordisk has informed employees about job cuts across most of its locations, with the pace of notifications varying based on local laws [1] Group 1 - The company is undergoing significant workforce reductions as part of its restructuring efforts [1] - CEO Mike Doustdar communicated the changes through a post, indicating a strategic shift within the organization [1] - The job cuts are part of a broader trend in the pharmaceutical industry, reflecting ongoing adjustments to market conditions [1]