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Novo Cuts 11% Staff to Compete With Lilly
September 11, 2025
|Mint Chennai
Novo Nordisk A/S is slashing its workforce by 11% and pledging to move faster to catch up with Eli Lilly & Co. in the obesity market.
Novo Nordisk A/S is slashing its workforce by 11% and pledging to move faster to catch up with Eli Lilly & Co. in the obesity market. That may mean making the firm more like its US rival.
Novo's new "performance culture," as chief executive officer Maziar Mike Doustdar put it, will probably mean a focus on return to office for workers, faster decision-making, and slashing support staff and middle management, analysts said Wednesday.
هذه القصة من طبعة September 11, 2025 من Mint Chennai.
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