September 21, 2026Stocks·Neutral·healthcare
Novo Nordisk cuts 4,000 more jobs, total downsizing 13,000, as it targets over DKK 150bn in pipeline sales by 2035; shares sink nearly 8%
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. Shares sank nearly 8% after the 2030 plan.
Detected & updated continuously · Source: Nebula
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