{"id":8005,"date":"2023-11-06T19:55:36","date_gmt":"2023-11-06T19:55:36","guid":{"rendered":"https:\/\/axxessintl.com\/maersk-cutting-10000-jobs-in-face-of-worsening-market-conditions\/"},"modified":"2023-11-06T19:56:04","modified_gmt":"2023-11-06T19:56:04","slug":"maersk-cutting-10000-jobs-in-face-of-worsening-market-conditions","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/maersk-cutting-10000-jobs-in-face-of-worsening-market-conditions\/","title":{"rendered":"Maersk Cutting 10,000 Jobs in Face of \u2018Worsening Market Conditions\u2019"},"content":{"rendered":"

Maersk revealed Friday that it is \u201cintensifying\u201d job cuts in light of the \u201cworsening market conditions\u201d in ocean shipping.<\/p>\n

\u201cGiven the challenging times ahead, we accelerated several cost and cash containment measures,\u201d said Vincent Clerc, CEO of A.P. Moller-Maersk.<\/p>\n

\u201cWe are in a very uncertain trading environment with significant further downside risk potential \u2013 one that could stay with us for quite a while,\u201d Clerc said on a call with analysts.<\/p>\n

Maersk began the year with 110,000 global employees. Year to date, it has cut 6,500 jobs, which it had not previously disclosed. It has now decided to cut a further 3,500 jobs, including 2,500 by year-end and 1,000 in 2024. The total reduction \u2013 10,000 layoffs \u2013 will reduce the company’s global headcount by 9%.<\/p>\n

Read more in an article from American Shipper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Maersk revealed Friday that it is \u201cintensifying\u201d job cuts in light of the \u201cworsening market conditions\u201d in ocean shipping.<\/p>\n","protected":false},"author":15,"featured_media":8003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[108],"types-de-nouvelles":[],"class_list":["post-8005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-maersk-en"],"yoast_head":"\nMaersk Cutting 10,000 Jobs in Face of \u2018Worsening Market Conditions\u2019 - Axxess International<\/title>\n<meta name=\"description\" content=\"Maersk revealed Friday that it is \u201cintensifying\u201d job cuts in light of the \u201cworsening market conditions\u201d in ocean shipping. \u201cGiven the challenging times\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/axxessintl.com\/en\/maersk-cutting-10000-jobs-in-face-of-worsening-market-conditions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Maersk Cutting 10,000 Jobs in Face of \u2018Worsening Market Conditions\u2019 - 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