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Denmark

Maersk to lay off staff as part of cost cutting

cde.news desk · 1 min read
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epa06906032 (FILE) - Containers of Maersk Sealand seen in Frankfurt am Main, Germany, 04 May 2018 (issued 23 July 2018). Reports on 23 July 2018 state Maersk, the largest shipping company in the world, may be targeted by hedge funds betting against it amid growing fears of a global trade war. Maersk is speculated of being vulnerable to rising tensions in global trade, while at the same time it is suffering from rising fuel costs and lower income in 2018 from freight business when compared with figures from 2017. EPA-EFE/MAURITZ ANTIN

Danish shipping group Maersk said on Thursday it would lay off staff at its main offices in Denmark and in other countries.

The company said it did not know yet how many jobs would go.

 

Via NYT

Filed under DenmarkShipping
Topics DenmarkMaerskShipping

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