Maersk cutting at least 10,000 jobs as shipping boom unravels
www.reuters.com
Shipping group A.P. Moller-Maersk , reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs and weaker prices, sending its shares tumbling.
  • witheyeandclaw@lemmy.worldEnglish
    1·
    11 months ago

    But the news told me shipping would be backed up for five more years and it was a driving cost of inflated goods…