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flag Novo Nordisk plans to cut 9,000 jobs globally to focus on obesity and diabetes treatments.

flag Danish pharmaceutical company Novo Nordisk plans to cut 9,000 jobs globally, including 5,000 in Denmark, to streamline operations and boost focus on obesity and diabetes treatments amid increased market competition. flag The restructuring aims to save $1.25 billion by 2026, which will be redirected to research and development in growth areas. flag The move follows slowing sales growth and intense competition, particularly from Eli Lilly.

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