Danish shipping giant AP-Moller Maersk is lining up redundancies as it admitted up to 27,000 staff could be affected by a reorganisation.
The company announced a restructuring of businesses earlier this month, which will see the Safmarine and Damco brands integrated into the wider group.
Reuters cited an internal email to employees from Vincent Clerc, ocean and logistics chief executive, that read: "Simplifying the organisation will regrettably impact jobs due to duplicate roles and roles that will no longer be needed."
