Denmark -Job losses at Maersk -June 1, 2012

The multinational container shipping company Maersk announced this month that it is cutting 400 jobs, 250 of which in Copenhagen. The cuts are an attempt to reorganise for greater efficiency in the face of large losses in the first quarter of 2012. Maersk’s 3.4 billion kronor losses in the first quarter of 2012 compare badly to its 2.5 billion kronor profits just one year earlier.


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