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The Independent UK
The Independent UK
National
Via AP news wire

Novo Nordisk, maker of obesity drug Wegovy, to cut 9,000 jobs to sharpen focus, meet competition

Novo Nordisk Obesity diabetes Denmark
Novo Nordisk Jobs - (Ritzau Scanpix)

Danish pharmaceutical company Novo Nordisk, maker of weight-loss drug Wegovy, said Wednesday it would cut 9,000 jobs, 5,000 of them in Denmark, in order to strengthen the company's focus on growth opportunities in obesity and diabetes medications.

The restructuring, which would eliminate 11% of the company's workforce, aimed to reduce organizational complexity and speed up decision-making as the company faces a more competitive market for obesity drugs.

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