Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Novo Nordisk has announced a major restructuring involving the dismissal of approximately 9,000 employees globally, with 5,000 of those in Denmark: Novo Nordisk 2025 - WO. The layoffs represent around 14% of the company’s workforce in Denmark.
The restructuring aims to free up resources for growth in diabetes and obesity treatments. The restructuring includes one-off costs of DKK 8 billion in 2025, leading to revised profit expectations. Despite the scale of the cuts, the market responded positively, viewing the move as a sign of strategic decisiveness. Novo’s stock rose 3.7% following the announcement.
Eurofound (2025), Novo Nordisk, Internal restructuring in Denmark, factsheet number 203295, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203295.