Shipping group A.P. Moller-Maersk reported a significant decline in third-quarter profit and revenue. In response to overcapacity, rising costs, and weaker prices, the company announced plans to cut at least…
Maersk
Maersk to cut 10,000 jobs, sees weaker FY profit as shipping demand wanes
Shipping group A.P. Moller-Maersk (MAERSKb.CO) reported a significant decline in profit and revenue in the third quarter. As a result, the company announced plans to cut 10,000 jobs due to…
By News Team November 3, 2023
