Novo Nordisk to cut 9,000 jobs as obesity drug market grows more competitive
Business & Markets • a year ago
Company will eliminate about 11% of its workforce, redirecting savings to diabetes and obesity research and development
Business & Markets News
Anglo American to relocate headquarters to Canada after £40 billion merger with Teck Resources
Business & Markets • a year ago
Deal creates one of the world’s largest copper producers; Anglo Teck will be based in Vancouver but keep primary London listing
Novo Nordisk to cut 9,000 jobs as competition in weight-loss drugs intensifies
Business & Markets • a year ago
The maker of Ozempic and Wegovy will trim about 11% of its workforce and seek DKK 8 billion in cost savings amid slowing profit growth.
CNN Reporter: Trump’s Tariffs May Be Backfiring as Job Growth Slumps
Business & Markets • a year ago
August jobs report and industry data show losses concentrated in tariff-exposed sectors, and surveys indicate businesses largely see tariffs as harmful
Nearly Half of Northern Ireland Homes Have Never Switched From Power NI, Regulator Says
Business & Markets • a year ago
Utility Regulator publishes 'sticky customer' data showing 49% of domestic connections have remained with incumbent supplier
Nearly a Third of Britons Regret Not Saving Sooner, Tesco Bank Data Shows
Business & Markets • a year ago
New survey finds 29% wish they had started saving earlier; regret is stronger among people in their 30s and 40s and many lack an emergency fund
Samantha Cameron to wind down Cefinn after years of losses
Business & Markets • a year ago
The womenswear label founded in 2017 will close its London shops and make 24 staff redundant after failing to reach profitability despite celebrity endorsements and investor support
Novo Nordisk to Cut 9,000 Jobs in Major Restructuring as Obesity Market Intensifies
Business & Markets • a year ago
Company says cuts—about 11.5% of workforce—will save $1.26 billion annually; roughly 5,000 roles to be eliminated in Denmark
Dozens of Shipping Containers Fall from Vessel at Port of Long Beach, Halting Operations
Business & Markets • a year ago
About 67 containers tumbled from the cargo ship Mississippi into the Pacific; Coast Guard and port crews responded while an investigation begins