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Maersk plans thousands of job reductions, says ocean market is ‘worsening’

A.P. Moller — Maersk plans to reduce its workforce by 3,500 positions in the next year as it prepares for challenges in the ocean market, CEO Vincent Clerc said in a Q3 earnings call on Friday.
Up to 2,500 jobs will be eliminated “in the coming months,” with the remaining job cuts extending into 2024, according to a press release. The goal is to bring total jobs at the company down to below 100,000 positions.
A Maersk spokesperson declined to specify what divisions would be receiving staff cuts in an email to Supply Chain Dive but said: “It will be broad and across the organization.”

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