Maersk to cut at least 10,000 jobs as shipping boom ends

Shipping giant AP Moller-Maersk extends job cuts to 10,000 staff

Another 3,500 jobs are set to be lost at the shipping firm due to a deterioration in market shipping prices and rising costs.

Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance

Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures.

Layoffs at Maersk hit 10,000 as pandemic shipping boom turns to bust

By Anna Cooban, CNN London (CNN) — Shipping giant Maersk is laying off thousands more workers as weak demand and lower freight prices pummel its revenues — a sign the pandemic-driven boom in shipping is turning to bust. One of the world’s biggest shipping firms said in its third-quarter results Friday that its revenues had almost halved to $12 billion compared with the same period last year. The Danish company has cut around 6,500 jobs this yea…

Maersk ontslaat tienduizend werknemers, na recordcijfers in 2022

Vorig jaar meldde containerrederij Maersk nog recordresultaten, maar inmiddels is het vooruitzicht pessimistischer. De omzet halveerde afgelopen kwartaal bijna.

Maersk to slash 10,000 jobs over difficult container trade environment

Maersk, the world’s biggest shipping company, plans to eliminate 10,000 jobs due to what it described as a challenging environment for container trade and logistics services.

Shipping company Maersk to slash 10,000 jobs, citing the difficult container trade environment

Maersk, the world's biggest shipping company, said on Friday that it plans to eliminate 10,000 jobs due to what it described as a challenging environment for container trade and logistics services. The company said the move would result in savings of $600 million in 2024. The announcement was made as Copenhagen-based Maersk presented its quarterly report, which listed profits before taxes at $691 million, down from $9.1 billion for the same peri…