Maersk to cut 10,000 jobs as shipping demand drops
by Kalyeena Makortoff from Economics | The Guardian on (#6G37Q)
Danish company has axed 6,500 of those roles already, with global economic slowdown taking toll
One of the world's largest shipping companies, Moller-Maersk, is cutting 10,000 jobs because of a drop in demand triggered by the global economic slowdown.
The Danish company said it had already started cutting staff but was planning on intensifying" cost-saving measures in order to safeguard its financial performance as price forecasts worsened.
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