Maersk Line to cut 400 jobs

Friday, June 01, 2012

Maersk Line said Friday it will cut 400 jobs in mid-June at its various central global offices, including 250 at its Copenhagen headquarters. The job cuts come four years after Maersk last shed jobs, when a global reorganization saw it move backroom functions offshore. Maersk Line lost $483 million in 2011, then sustained an operating loss of $571 in the first quarter of 2012. “We want to build a successful business that consistently delivers acceptable r...

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