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Vincent Clerc sets sight on cost reductions following collapse in freight rates

Layoffs are not imminent, but cost-saving measures will have to be launched now that the pandemic heydays have ended, says Maersk chief executive Vincent Clerc.
Photo: Liselotte Sabroe/Ritzau Scanpix
Photo: Liselotte Sabroe/Ritzau Scanpix
by DAG HOLMSTAD, JENS THOMSEN

The tide has already turned at shipping group Maersk, which on Wednesday presented the largest profit in Danish business history.

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