Takeda plans to cut 4,500 jobs, about 9% of workforce, under new CEO's restructuring plan

Takeda announced it will eliminate roughly 9% of its global workforce, affecting about 4,500 positions, over the coming fiscal year.

The cuts are part of a restructuring effort that began under the current leadership and will be driven by the incoming chief executive.

The company said the reductions are intended to streamline operations and improve efficiency as it implements its long-term strategy.