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Novo Nordisk to cut 1,000 jobs worldwide

Christian Wenande
September 29th, 2016


This article is more than 8 years old.

500 of the redundancies are in Denmark

500 jobs in Denmark are being axed (photo: Novo Nordisk)

The Danish biotech giant Novo Nordisk has announced plans to lay off  500 employees in Denmark and 1,000 jobs in total in the wake of some disappointing interim results in August.

The company said the layoffs were among several actions that will be taken to reduce operating costs ahead of a challenging 2017 – particularly in its significant US market.

“We deeply regret that good colleagues stand to lose their jobs, and it has been a difficult decision to make,” said Novo Nordisk CEO Lars Rebien Sørensen.

“However, we have concluded that it is needed in order for us to have a sustainable balance between income and costs. In the current situation, we have to prioritise investments in key product launches that will bring innovation to patients and drive our future growth.”

READ MORE: New insulin product reflects well on Novo Nordisk financial results

Streamlining process
According to Novo Nordisk, the majority of the employees being let go are employed at the company’s research and development department, its headquarters, and its global commercial organisation.

The impacted employees will be advised of their job loss over the next two months.

Sørensen himself will also be leaving the company following his announcement earlier this month that he would be stepping down at the end of the year.


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A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”