Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >Exclusive-Novo Nordisk cuts US obesity education team as layoffs begin, say sources, online posts
    Headlines

    Exclusive-Novo Nordisk Cuts US Obesity Education Team as Layoffs Begin, Say Sources, Online Posts

    Published by Global Banking & Finance Review®

    Posted on September 18, 2025

    3 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    Exclusive-Novo Nordisk cuts US obesity education team as layoffs begin, say sources, online posts - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:managementfinancial crisiscorporate strategyjob creation

    Quick Summary

    Novo Nordisk disbands its U.S. obesity education team as part of cost-cutting measures amid global layoffs, aiming to regain market share from Eli Lilly.

    Novo Nordisk Disbands U.S. Obesity Education Team Amid Layoffs

    By Maggie Fick

    VIENNA (Reuters) -Wegovy maker Novo Nordisk has cut a U.S. sales team focused on obesity and diabetes education for healthcare providers, according to two sources close to the company and LinkedIn posts reviewed by Reuters, an early sign of the drugmaker's push to cut costs and regain ground on rival Eli Lilly.

    The team, known internally as cardiometabolic educators, sat within Novo Nordisk's commercial division and included several hundred staff, sources said. The team was told last week that their roles would be terminated, they said.

    The specific layoffs, previously unreported, give the first signal of how the Danish drugmaker's new CEO Maziar Mike Doustdar is scaling back operations after announcing broader restructuring that will include 9,000 job cuts globally.

    A Novo spokesperson said the company would not detail the locations or business divisions where jobs were being eliminated.

    "This process takes time, and our highest priority is to support our employees," the spokesperson said.

    The restructuring has gone down well initially with investors, helping boost the firm's shares after it lost its dominance in the U.S. market for weight loss drugs to Eli Lilly. Novo has lost over $400 billion in market capitalization since the middle of last year, following profit warnings and management change.

    The two sources, who spoke on condition of anonymity because the specific layoffs have not been made public, said that the team was disbanded last Friday, two days after Novo announced the wider cuts without detailing which roles would be affected. They were told they should cease work this month but that they would be paid until the end of the year.

    "Lilly does not have an education team and Novo has decided it doesn't need one," said one of the sources.

    Reuters identified eight Novo employees on LinkedIn with the current job title of "cardiometabolic educator" who posted publicly that they are looking for new work or have been let go. Reuters attempted to contact all of them but none of them responded.

    One referred to a "national displacement affecting the Novo Nordisk cardiometabolic educator department" and another wrote that "the entire U.S. cardiometabolic education team was eliminated".

    Big pharmaceutical companies often provide so-called "disease state education" to raise awareness of medical conditions ahead of a product launch or label expansion.

    (Reporting by Maggie Fick; Editing by Susan Fenton and Nia Williams)

    Key Takeaways

    • •Novo Nordisk disbands U.S. obesity education team.
    • •Layoffs part of broader restructuring affecting 9,000 jobs.
    • •Novo aims to cut costs and regain market share from Eli Lilly.
    • •Investors initially react positively to restructuring.
    • •Market capitalization has dropped by over $400 billion.

    Frequently Asked Questions about Exclusive-Novo Nordisk cuts US obesity education team as layoffs begin, say sources, online posts

    1What recent changes did Novo Nordisk make to its U.S. team?

    Novo Nordisk has cut its U.S. sales team focused on obesity and diabetes education, known as cardiometabolic educators, as part of broader layoffs.

    2
    How did investors react to Novo Nordisk's restructuring?

    The restructuring has been positively received by investors, leading to a boost in the company's shares after it lost market dominance in weight loss drugs.

    3What was the reason given for the layoffs?

    The layoffs were part of a scaling back of operations announced by Novo Nordisk's new CEO, Maziar Mike Doustdar, as the company seeks to streamline its business.

    4What did sources say about the education team at Novo Nordisk?

    Sources indicated that the cardiometabolic education team was disbanded and that Novo Nordisk decided it no longer needed an education team, unlike its competitor Eli Lilly.

    5What is the significance of disease state education in the pharmaceutical industry?

    Big pharmaceutical companies often provide disease state education to raise awareness of medical conditions, which is crucial ahead of product launches or label expansions.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Factbox-What's at stake in Hungary's parliamentary election?
    Factbox-What's at Stake in Hungary's Parliamentary Election?
    Image for Hezbollah chief rejects talks with Israel under fire, vows fighters will continue 'without limits'
    Hezbollah Chief Rejects Talks With Israel Under Fire, Vows Fighters Will Continue 'without Limits'
    Image for Hundreds evacuated after fire hits luxury Paris hotel
    Hundreds Evacuated After Fire Hits Luxury Paris Hotel
    Image for Pope Leo names Australian bishop to lead Vatican's legal office
    Pope Leo Names Australian Bishop to Lead Vatican's Legal Office
    Image for Russia says it supplies fuel to Cuba as humanitarian aid
    Russia Says It Supplies Fuel to Cuba as Humanitarian Aid
    Image for Iranian strikes pose ‘existential threat’, Gulf states tell UN
    Iranian Strikes Pose ‘existential Threat’, Gulf States Tell UN
    Image for Russia says it remains in contact with US on Ukraine settlement
    Russia Says It Remains in Contact With US on Ukraine Settlement
    Image for Putin allies Lukashenko and Kim meet in North Korea
    Putin Allies Lukashenko and Kim Meet in North Korea
    Image for Denmark's Frederiksen faces tough coalition talks to remain prime minister
    Denmark's Frederiksen Faces Tough Coalition Talks to Remain Prime Minister
    Image for UK police arrest two men over arson attack on Jewish community ambulances
    UK Police Arrest Two Men Over Arson Attack on Jewish Community Ambulances
    Image for Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    View All Headlines Posts
    Previous Headlines PostUS Casts 6th Veto at United Nations Over War in Gaza
    Next Headlines PostBessent Says China's Yuan Rate Is Bigger Problem for Europe Than US