Subscribe to RSS feedMaersk chief calls for more cuts
by
Gavin van Marle, London
—
last modified
Apr 14, 2010 04:02 PM
MAERSK group chief executive Nils Andersen has called on the carrier’s staff to help bring about a further US$500m in cost savings over the course of this year.
Outlining the group’s priorities for 2010 in its internal magazine, Maersk Post, he said that last year’s Project One cost-cutting program eliminated US$2bn and unveiled a new “accelerate to win” priority.
“We are not cutting just to survive but...
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 |
