Shipping giant likely to cut at least 10000 jobs
Edited By WION Video Desk
Published: Nov 04, 2023, 05:55 IST | Updated: Nov 04, 2023, 05:55 IST
Shipping giant Maersk is all set to cut at least 10,000 jobs in the face of overcapacity, rising costs and weaker prices. The decision comes after the company reported a steep drop in profit and revenue in the July-September quarter.
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