Name: Maersk to Cut 10,000 Jobs as Shipping-Industry Boom Ends | Viral News Media Community
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Maersk to Cut 10,000 Jobs as Shipping-Industry Boom Ends | Viral News Media Community

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Sign in JoinSign inSign upRegister for an accountPassword recoveryRecover your passwordyour emailSign inWelcome! Log into your accountForgot your password? Get helpCreate an accountCreate an accountWelcome! Register for an accountA password will be e-mailed to you.Password recoveryRecover your passwordA password will be e-mailed to you.FacebookInstagramTwitterYoutubeWorld NewsSportsTechMusicShareFacebookTwitterPinterestWhatsAppLinkedinReddItTumblrUpdated Nov. 3, 2023 8:16 am ETShipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs, as a pandemic-fueled cargo boom has ended, leaving the industry with a surplus of ships and sharply lower freight rates. Maersk, a bellwether for global trade, saw its third-quarter profit plummet to $521 million from $8.88 billion last year. Its main Ocean division posted a quarterly loss for the first time in many years.Copyright ©2023 Dow Jones &amp; Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Source linkFacebookInstagramTwitterYoutubeAmerica NewsAmerica NewsAmerica NewsAmerica NewsAmerica NewsWorld NewsSportsTechMusicMusicTechCarsBusinessTechTo be updated with all the latest news, offers and special announcements.World NewsAsia NewsEurope NewsAmerica NewsAsia NewsBusinessBusinessBusinessBusinessBusinessFashionFashionFashionFashionFashionTechTechTechTechTechSportsSportsSportsSportsSportsFacebookInstagramPinterestRedditTumblrWordPress

Sign in JoinSign inSign upRegister for an accountPassword recoveryRecover your passwordyour emailSign inWelcome! Log into your accountForgot your password? Get helpCreate an accountCreate an accountWelcome! Register for an accountA password will be e-mailed to you.Password recoveryRecover your passwordA password will be e-mailed to you.FacebookInstagramTwitterYoutubeWorld NewsSportsTechMusicShareFacebookTwitterPinterestWhatsAppLinkedinReddItTumblrUpdated Nov. 3, 2023 8:16 am ETShipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs, as a pandemic-fueled cargo...

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Maersk to Cut 10,000 Jobs as Shipping-Industry Boom Ends | Viral News Media Community

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