- Freight-forwarder Kuehne+Nagel may cut more than 20,000 jobs, as the coronavirus-caused economic crisis hits shipping.
- Job cuts may be in locations such as the United States.
- US unlike some European countries does not have a system of short-time working to fall back on to prevent massive layoffs.
Freight-forwarder Kuehne+Nagel (KNIN.S) may cut more than 20,000 jobs, with warehouse workers most affected, as the coronavirus-caused economic crisis hits shipping, controlling shareholder...
https://mfame.guru/global-logistics-firm-predicts-massive-job-cuts-amid-covid-19-pandemic/