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6 months ago

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Maersk cutting at least 10,000 jobs as shipping boom unravels

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Maersk cutting at least 10,000 jobs as shipping boom unravels

Shipping group A.P. Moller-Maersk , reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs and weaker prices, sending its shares tumbling.

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Maersk cutting at least 10,000 jobs as shipping boom unravels

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Maersk cutting at least 10,000 jobs as shipping boom unravels

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