DSV Panalpina to lay off 3,000 as part of cost-cutting measures after coronavirus

DSV Panalpina plans to cut costs by DKK 1.4 billion due to the coronavirus. This means that 3,000 employees will be laid off, the company tells ShippingWatch. The outbreak has also reduced the logistics group's operating profit by DKK 250 million.

Photo: Lars Krabbe/Ritzau Scanpix

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