AP Moller-Maersk is to make 2,000 employees redundant despite raising its profit forecast for 2020 in stronger boxship markets.
The giant Danish shipowner and terminals group said it expects to book a restructuring charge of around $100m in the third quarter as it lays off workers as a consequence of changes to its Ocean and Logistics & Services businesses.
The company said last month that up to 27,000 staff could be affected by the streamlining measures, which will see the Safmarine and Damco brands integrated into the wider...
