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NTG has laid off employees and cuts costs after growth slowdown

The coronavirus crisis has reduced growth big-time at logistics group NTG, where air and sea freight in particular is hit hard. This has made NTG implement cost reductions and layoffs, says NTG's chief executive officer, who hopes that the worst is over.

Michael Larsen er adm. direktør i Nordic Transport Group. Photo: PR / NTG

Logistics company Nordic Transport Group, NTG, tightens its belt after the global coronavirus outbreak has hurt the company's growth in the first months of the year.

This is done through layoffs of employees and temporary savings on salaries, which have become possible after several countries introduced aid packages.

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