When A.P. Moller-Maersk, the world’s largest container-line owner, announces layoffs in the middle of a pandemic, the immediate reaction is: They’re cutting staff and slashing costs to pump up profits. As the saying goes: “Never let a crisis go to waste.”
Not true, maintained company representatives speaking with FreightWaves.
The reorganization announced Tuesday was in the works long before the coronavirus struck. “This is not about cost savings whatsoever. It’s about being more efficient with...
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