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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| AP Moller Maersk (PK) | USOTC:AMKBF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,636.0779 | 1,448.99 | 1,848.01 | 0.00 | 22:00:00 |
From Nov 2019 to Nov 2024
Maersk Line, the world's largest container shipping company, said Friday it will lay off 400 employees at its global corporate centers in a bid to decentralize operations and improve efficiency to counter over-capacity in the industry and weak freight rates.
This corresponds to 18% of the 2,200 people currently employed in the centers.
The aim of the re-organization is to achieve faster decision making and relocate execution and service tasks to dedicated country offices in order to get them closer to the customers, the company, a unit of Danish industrial conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), said in a statement.
Maersk Line, which is currently sailing at losses due to over-capacity in the industry and weak freight rates, has a total of 25,000 employees worldwide.
- By Flemming Emil Hansen, Copenhagen Bureau, Dow Jones Newswires; +45 33 12 44 88; flemming.hansen@dowjones.com
1 Year AP Moller Maersk (PK) Chart |
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