September 21, 2026Stocks·Bearish·healthcare
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