Global healthcare company with Roscommon plant set to cut 9,000 jobs
The firm has around 78,400 staff worldwide Pic: iStock
Danish drugmaker, Novo Nordisk, which has a plant in Monksland, is to lay off 9,000 of its staff worldwide.
5,000 of those redundancies are expected to come from its sites in Denmark as part of restructuring plans to save some $1.3 billion (£926 million) annually.
The global healthcare firm, which announced the job cuts this week, has around 78,400 staff worldwide and the redundancies will account for 11.5 percent of its workforce.
The maker of weight-loss drugs Ozempic and Wegovy has seen its share price tumble over the past year amid increased competition in this market.
Novo Nordisk employs about 400 at its plant in Monksland.
Last year, Roscommon County Council sold just over eleven acres of land to the company for €1.55m to accommodate its expansion plans.
In 2023, the Danish firm purchased Alkermes’ Monksland facility for $92.5m.
