2000 redundancies at Maersk, curtain falls on Safmarine and Damco
Maersk is laying off no fewer than 2000 employees as a result of the large-scale reorganisation that started at the beginning of September. The end of Damco had been in sight for some time, but...Read more
Shell to cut up to 9000 jobs in sustainability push
Shell will cut 7,000 to 9,000 jobs as part of a large-scale business transformation aimed at making the company sustainable. The oil major wants to grow its chemicals and biofuels production while also looking at...Read more
Maersk carries out major restructuring
Maersk is carrying out a major reorganisation aimed at “streamlining” the organisation, which is said to have nothing to do with Covid-19. The Danish group reports this in an advisory to its customers.Read moreShell to write off 20 billion dollars in assets, plans major reorganisation
Royal Dutch Shell is preparing a major reorganisation in response to the new oil crisis, which sees the company write off at least 20 billion dollars in assets in the previous quarter. ‘We will likely...Read more