Is latest wave of layoffs at Maersk a bad omen for logistics across the globe?
A global economic slowdown, with a sharp drop in demand, could be behind AP Møller-Maersk’s decision to lay off an additional 3,500 people. The Danish company, which owns the world’s second largest fleet, tells Port Strategy that layoffs have sadly been underway, as the firm looks to “intensifying” cost-saving measures. “Our industry is facing a new normal […]
Report: Orchard House Foods, a supplier to top supermarkets, faces administration
Orchard House Foods, a supplier of fresh prepared fruit, juices and jellies for more than 35 years for major retailers including Marks & Spencer, Tesco and Pret-a-Manger, has entered administration according to several reports. The BBC and other news outlets noted that the Corby-based company, which was bought by private equity firm Elaghmore in 2021, […]
Lidl GB raises hourly wages for frontline employees
Lidl GB raised entry-level pay by 50p to 60p per hour for entry-level workers 23 and older and says it is now the “highest paying supermarket in the UK.” Wages for those workers are increasing from £10.85 to £11.35 within the M25 and £9.50 to £10.10 outside of London. Lidl says the increases, which will […]
Aldi poised to make 2,000 new hires through December
Discount supermarket chain Aldi announced it is creating more than 2,000 jobs as it continues in its push to open more than a store per week in the UK. The employment drives will go on until Christmas, which will boost the number of workers in Aldi’s UK stores to around 40,000. The retailer currently has […]
