Maersk to cut 10,000 jobs, sees weaker profit as shipping demand wanes

COPENHAGEN – Shipping group AP Moller-Maersk on Friday reported a steep drop in profit and revenue in the third quarter, adding that it would cut 10,000 jobs as it battles with lower freight ... Read More

Maersk sees FY profits at lower end of range; to cut 10,000 jobs

Shipping group A.P. Moller-Maersk on Friday said it now expects full-year operating profit at the lower end of its range and would cut 10,000 jobs as it faces lower freight rates and subdued ... Read More

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 ... Read More

Maersk To Cut At Least 10,000 Jobs As Shipping Boom - MarineLink

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 ... Read More

Maersk cuts 10,000 jobs as shipping demand falls - BBC News

Maersk cuts 10,000 jobs as shipping demand ... About sharing. Image source, Getty Images. By Michael Race. Business reporter, BBC News. One of the world's biggest shipping firms is to cut 3,500 ... Read More

Maersk to cut 10,000 jobs as shipping demand drops

Shipping group A.P. Moller-Maersk reported a steep drop in third-quarter profit on Friday (November 3) and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs and ... Read More

Maersk to cut 10,000 jobs; lowers profit guidance | Financial News

(Sharecast News) - AP Moller-Maersk is to cut more than 10,000 jobs worldwide, the shipping group confirmed on Friday, after demand and prices both fell sharply. The Danish firm also warned that ... Read More

Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts ...

The job cuts, which will see its headcount reduced from 110,000 in early 2023 to below 100,000, are expected to result in savings of $600 million in 2024 compared with 2023. Read More

Maersk to Cut 10,000 Jobs as Shipping-Industry Boom Ends - WSJ

Shipping and logistics giant A.P. Moller-Maersk MAERSK.B-0.88%decrease; red down pointing triangle said it would cut more than 10,000 jobs, as a pandemic-fueled cargo boom has ended, leaving the ... Read More

Maersk cutting at least 10,000 jobs as shipping demand falls

At least 10,000 jobs are being axed worldwide at global shipping giant AP Moller Maersk amid a slump in demand for container freight. The Danish group revealed it is slashing its workforce from ... Read More

Maersk cuts 10,000 jobs as shipping demand falls - BBC News

One of the world's biggest shipping firms is to cut 3,500 more jobs due to lower freight rates and demand. AP Moller-Maersk already cut 6,500 roles earlier this year as part of "rigorous cost ... Read More