Maersk to shrink workforce by 10%

MOSCOW_MAERSK_(47945540782)

AP Møller-Maersk is cutting 10,000 jobs because of a drop in demand triggered by the global economic slowdown

The Danish company – owner of the world’s second largest fleet – said it had already started cutting staff but was planning on ‘intensifying’ cost-saving measures in response to worsening price forecasts.

This is premium content

Already a member? SIGN IN now

V2-PS

Sign up for FREE to continue reading!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the ports and terminals sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the ports and terminals industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!