10:04 AM EDT, 10/16/2025 (MT Newswires) -- (Updates with Novo Nordisk's ( NVO ) Response in the fourth paragraph.)

Novo Nordisk ( NVO ) started implementing a round of layoffs in the US on Tuesday, with notifications to be sent out to the affected employees this week and next, Reuters reported Wednesday, citing an email and two sources familiar with the matter.

The layoffs in the US will continue until late next week, according to a schedule in the email cited by Reuters. The departments with job cuts include human resources, clinical development, rare diseases, medical and regulatory, legal, ethics and compliance, marketing and sales, finance, and public affairs, the report said.

The US layoffs follow the workforce reduction in the company's home market of Denmark, where it plans to cut 5,000 positions, Reuters said.

"We have announced that the total number of intended workforce reductions globally is approximately 9,000. Out of respect for the employees involved, we will not share additional details. This process takes time, and our highest priority is to support our employees," a Novo Nordisk ( NVO ) spokesperson told MT Newswires in an e-mailed statement.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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