Maersk to Cut Jobs, Retire Brands in Major Reorganization

Chamber of Shipping > Blog > News > International > Maersk to Cut Jobs, Retire Brands in Major Reorganization

Maersk has announced that it will be reorganizing as it seeks to integrate its seaborne container and in-land logistics businesses. The move will see Damco freight-forwarding business and Africa-focused carrier Safmarine integrated into Maersk by the end of the year and their brands will cease to exist. Between 26,000 and 27,000 employees out of Maersk’s total headcount of 80,000 are expected to be affected by the restructuring, though so specific details have been released about cuts.

Related Posts

Leave a Reply