Novo Nordisk Cuts 9,000 Jobs – Billion-Dollar Restructuring Under the new CEO
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Drastic cuts, clear focus Novo Nordisk announced today a comprehensive restructuring. Approximately 9,000 jobs will be cut worldwide – representing about 11–11.5% of the workforce, with around 5,000 positions to be eliminated in Denmark. The goal is to save around DKK 8 billion (about $1.3 billion) per year – the costs of the restructuring are also estimated at around DKK 8 billion. This measure is attributed to the new CEO Maziar Mike Doustdar, who has been in office since August 2025. The restructuring aims to accelerate decision-making...
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