Novo Nordisk has notified employees impacted by the drugmaker's job cuts in the vast majority of its locations although the pace varies according to local laws, its CEO Mike Doustdar wrote in a post on LinkedIn on Friday.

Novo Nordisk cuts over 800 jobs in Plainsboro, part of a global restructuring under the new CEO, reflecting a troubling trend of layoffs across New Jersey's healthcare and hospitality sectors.

Novo Nordisk layoffs: Pharma major, Novo Nordisk, on Friday, 31 October 2025, notified its employees who have been impacted by the job cuts in the majority of locations, according to CEO Mike Doustdar's LinkedIn post amid the company's restructuring drive.

Novo Nordisk Shares Fell 5.6% After President Trump Commented on Future Price Cuts for Weight Loss Drugs. Should Investors Be Worried? While that could be an issue for Novo Nordisk, it should find a way to navigate ongoing price negotiations.