Subscribe to RSS feedJob cuts kept in the shadows
by
RICHARD MEADE
—
last modified
Nov 05, 2009 03:17 PM
Despite the steady stream of shipping redundancies, very few companies are prepared to come clean about the true extent of their rationalisation activities. RICHARD MEADE reports
AFTER a wave of initial, quite public cutbacks, the shipping industry appears to be in a period of persistent, yet low-profile redundancies.
Companies desperately looking to reduce their costs and claw back profit margins have rationalised, synergised and slashed...
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