Novo Nordisk cuts 4,000 more jobs, bringing total downsizing to 13,000, as it targets over DKK 150bn in pipeline sales by 2035

At its capital markets day, Novo Nordisk set a long-term pipeline target of more than DKK 150bn (about $23bn) in sales by 2035 with 5+ blockbuster launches by 2030, and said it is cutting another 4,000 jobs — bringing total corporate downsizing tied to its operational unification to 13,000. Investors were unimpressed; shares fell about 4%.

Detected & updated continuously · Source: Nebula

Story subjects

Track sentiment and mindshare across stocks and crypto in Nebula.

Open Nebula