LONDON: At least 10,000 jobs are being axed worldwide at global shipping giant AP Moller Maersk amid a slump in demand for container freight, reported PA Media/dpa.The Danish group revealed it is slashing its workforce from 110,000 in January to below 100,000 as it looks to cut costs by US$600 million next year.Maersk said it had already cut around 6,500 jobs since early 2023 and that another 3,500 would go as it ramps up cost-saving actions.Up to 2,500 of those additional cuts will go in the “coming months,” with the remainder in 2024, it added.The firm – the world’s second biggest shipping container business – declined to give details on the impact of the jobs losses on its UK operations.M
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