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Maersk to cut 10,000 jobs as shipping demand drops

Danish company has axed 6,500 of those roles already, with global economic slowdown taking toll

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One of the world’s largest shipping companies, Møller-Maersk, is cutting 10,000 jobs because of a drop in demand triggered by the global economic slowdown.

The Danish company said it had already started cutting staff but was planning on “intensifying” cost-saving measures in order to safeguard its financial performance as price forecasts worsened.

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