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 […]
Potential threat of layoffs has Port of Liverpool workers on edge
A 12% year-on-year decrease in container volumes is worrying Port of Liverpool staff, which currently employs around 850 people. Port owner Peel Ports and British syndicate Unite the Union are beginning a 45-day redundancy consultation that could lead to 15% of employees being terminated, Port Strategy reports. “This is a decision we have been wrestling with for […]
