iPhone maker Apple Inc. has laid off dozens of sales workers in the United States, in a rare job cut for the tech giant, Bloomberg reported on 24 November. The cuts come as the company looks to review ...

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The Federal Reserve Open Market Committee on Wednesday decided to cut the central bank’s key overnight lending rate by a quarter of a percentage point, its first cut in nine months. Given the Fed’s ...

After nine months of holding its key interest rate steady, the Federal Reserve is widely expected to announce a rate cut after its two-day September meeting. The central bank’s decision, to be ...

Novo Nordisk is set to reduce its workforce by 11%, eliminating 9,000 jobs globally, including 5,000 in Denmark, to save $1.3 billion amid rising competition for its obesity treatments. This ...

Novo Nordisk, the Danish drugmaker with a large presence in North Carolina, declined to say how many jobs might be cut in the state. But it indicated a planned Triangle expansion might not be affected ...

Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5% of its workforce, in a restructuring to save $1.26 billion annually, it said on Wednesday, as it battles rising pressure from US rival Eli ...

Novo Nordisk, the drugmaker behind Ozempic and Wegovy, was once Europe’s most valuable company - Hollie Adams/Reuters The drugmaker behind Ozempic is to cut thousands of jobs as it grapples with a ...

The Danish drugmaker said it needed to streamline operations and become more agile, as it faces a more competitive and consumer-focused market. By Eshe Nelson Novo Nordisk, the Danish drugmaker behind ...

US computer maker Dell Technologies has targeted some of its employees in China for job cuts in the latest case of American businesses retreating from the world's second-largest economy. Dell would ...