Maersk Moots Job Cuts As Ocean Earnings Decline

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maersk moots job cuts as ocean earnings decline

A 127 decline between the third quarter and Q4 marked Maersks end-of-year ocean results for 2025: from 567 million in Q3 to the lines poorest Ebit in years 153 million.

As a result, the Danish carrier has indicated its intention to cut about 1 000 jobs.

Rationalisation of its staff complement comes at a difficult time for Maersk, which together with its vessel-sharing partner in the Gemini Cooperation, Hapag-Lloyd, has announced a mid-year return strategy to the Suez Canal.

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