All entries for: Novo Nordisk

As part of its restructuring that includes cutting about 9,000 employees globally, Novo Nordisk is laying off U.S. employees this week and continuing into next week. Reuters noted that based on an email it received, affected departments include HR, clinical development, rare diseases, medical and regulatory, legal, ethics and compliance, marketing and sales, finance and public affairs.

Almost all of Novo’s 250 cell therapy employees will be laid off, Fierce reported, citing the Danish outlet Borsen.

Novo Nordisk will let go of 263 employees at its U.S. headquarters in Plainsboro, New Jersey, effective Dec. 31.

Novo Nordisk is cutting some 9,000 staff across its global operations, including around 5,000 in Denmark, in a bid to generate around $1.25 billion in annualized savings through 2026. The layoffs, which amount to an 11% headcount reduction, will begin “immediately,” and Novo expects to incur 9 billion Danish Kroner ($1.41 billion) in one-off costs, which will reflect in third-quarter 2025 results.