Monday, Jun 1, 2026

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Danish drug major Novo Nordisk slashes 11 per cent of workforce to save $1.3 billion

Novo Nordisk will cut 9,000 jobs worldwide—11% of its workforce—by 2026 to save $1.3 billion. The move comes amid rising competition in obesity drugs, slowing sales of Wegovy and Ozempic, and a push to focus on R&D and agility

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