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Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance
Finance

Shares of Maersk plunge 18% as shipping giant announces 10,000 job cuts, says profit will be at lower-end of guidance

November 3, 2023 admin-dominor



Maersk, a bellwether for global trade, said it was facing subdued demand and inflationary pressures.



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