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Danish drugmaker Novo Nordisk institutes global hiring freeze, facing market value drop and new leadership.
Danish drugmaker Novo Nordisk has put a global hiring freeze in place for non-critical roles, affecting all markets and departments.
The move comes after the company's market value dropped by $70 billion in July due to a profit warning.
New CEO Mike Doustdar, who started in August, is looking into cost-cutting measures, including potential layoffs, as Novo Nordisk faces increased competition from rivals like Eli Lilly.
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El fabricante de medicamentos danés Novo Nordisk instituye un congelamiento global de la contratación, enfrentando una caída de valor de mercado y un nuevo liderazgo.