Job Cuts at Denmark's Novo Much Larger than First Expected

Job cuts at Denmark's Novo much larger than first expected

Job cuts at pharmaceutical company Novo, previously known as Novo Nordisk, ended up much larger than previously expected, with a total 13,000 full time jobs cut compared to the 9,000 previously forecast.

Novo has cut 4,000 jobs more than first announced - The Copenhagen Post

Novo has cut 13,000 full-time positions, 4,000 more than the Danish pharmaceutical company originally announced as part of its cost-cutting plan. CEO Mike Doustdar disclosed the figure Monday during Novo’s capital markets day in London. In autumn 2025, Novo announced that it planned to lay off 9,000 employees globally, including 5,000 in Denmark. Doustdar said […]