Subscribe to RSS feedHapag-Lloyd cuts staff numbers, salaries
Struggling German container line Hapag-Lloyd is to cut staff salaries by up to 20% and continue a hiring freeze as part of a severe internal cost-reduction drive.
Active growth: Hapag-Lloyd confident of long-term prospects
An internal memorandum from the line's America region, seen by Lloyd's List, said "further headcount adjustments" were being considered and the staff hiring freeze would remain in place into next year.
All level one, two and three staff worldwide have been...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
Daily Top Stories
- Ray Fehlberg, “supply chain champion,” passes away
- China’s coal and ore orders face default or delay
- Tassie exporters get a boost
- Tacoma box volumes up 4.3%
- ID Integrity safely towed to Cairns
- Titan Maritime begins removing Tycoon wreck
- Drought threatens next Australian grain harvest
