Drugmaker Novo Nordisk has begun a round of layoffs in its most important market, the United States, with affected staff set to be notified between this week and next, according to an email and two sources familiar with the matter.
The time-frame for the layoffs has not previously been reported. The move comes as the Danish company behind popular weight-loss drug Wegovy looks to cut jobs globally and reduce costs in a battle with U.S. rival Eli Lilly. U.S. layoffs began on Tuesday and will continue until late next week, according to a schedule in the email. They come after an acceleration of job cuts in Novo's home market, Denmark, where it plans to eliminate 5,000 positions.
CUTS ACROSS MANY TEAMS FROM REGULATION TO SALES Departments expected to be informed of cuts include human resourc