Maersk lays off 2000 employees and upgrades its full-year guidance

Maersk has laid off around 2,000 employees in relation to the organizational changes that shut down brands Damco and Safmarine. Combined with increased demand, this makes Maersk upgrade its full-year guidance for 2020.

Photo: Edgar Su/Reuters/Ritzau Scanpix

Maersk lays off around 2,000 employees as part of a comprehensive organizational overhaul, says the company in a notice to the stock exchange.

"A.P. Moller - Maersk expects to take a restructuring charge of around USD 100 million in Q3 2020 related to the redundancies of approx. 2,000 employees as the consequence of the changes to the organisation in Ocean and Logistics & Services announced on 1 September 2020," writes Maersk.

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