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Ozempic, Wegovy Maker Cutting Thousands Of Jobs: 'Our Company Must Evolve' Ozempic, Wegovy Maker Cutting Thousands Of Jobs: 'Our Company Must Evolve'
Ozempic, Wegovy Maker Cutting Thousands Of Jobs: 'Our Company Must Evolve' Drugmaker Novo Nordisk will slash thousands of jobs in a sweeping effort to keep the company competitive in the pharmaceutical industry. Novo Nordisk will lay off about 9,000 workers worldwide, the Danish company said in a news release on Wednesday, Sept. 10. The cuts amount to roughly 11.5% of the pharmaceutical giant's 78,400 global positions. The maker of drugs like Ozempic and Wegovy has its US headquarters in Plainsboro, NJ. "As the global leader in obesity and diabetes, Novo Nordisk delivers life-changing products for patients worldwide," said CEO Mike Doustdar. "But our ma…

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by Chris Spiker
News
Biotech Leader, Mom, Toddler Found Dead In Car Outside PA Home: Coroner Biotech Leader, Mom, Toddler Found Dead In Car Outside PA Home: Coroner
Biotech Leader, Mom, Toddler Found Dead In Car Outside PA Home: Coroner A mother and her 3-year-old son were found dead in a car outside their Quakertown home, the Bucks County Coroner’s Office announced on Tuesday, June 10. Agnes Dawidowicz, 42, and her son Charlie Dawidowicz, 3, were discovered unresponsive in a vehicle parked at their residence on the 2100 block of Barley Drive on Sunday, June 8, authorities said. They were pronounced dead at the scene around 5 p.m. on Sunday, June 8. The causes and manners of death remain under investigation, according to the coroner’s office. Agnes Dawidowicz was a clinical research professional and biotechnology expert w…

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by Jillian Pikora
News
Unemployment Fears Hit 16-Year High As Trump's Tariffs Shake Consumer Confidence: Survey Unemployment Fears Hit 16-Year High As Trump's Tariffs Shake Consumer Confidence: Survey
Unemployment Fears Hit 16-Year High As Trump's Tariffs Shake Consumer Confidence: Survey Americans' concerns about rising unemployment are at their highest since the global financial crisis as President Donald Trump’s escalating tariffs and economic policies sink consumer confidence. Two-thirds of US consumers expect unemployment to increase over the next year, the University of Michigan's Surveys of Consumers said on Friday, Mar. 28. This marks the highest level of job market pessimism since 2009, reflecting widespread fears that economic uncertainty. Joanne Hsu, Michigan’s director of the surveys, said March's rising worries underscore mounting concerns across all d…

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by Chris Spiker