Maersk, leader of goods shipping, will cut 4,000 jobs by the slowdown in world trade

The world leader in maritime transport of goods, the Danish company Maersk Line, announced Wednesday the removal of 4,000 goods shipping jobs by the end of 2017 and the postponement of planned investments to defend its dominance in the international market.

The financial status of the Maersk Group is considered a barometer of the state of world trade, and thus the overall economic situation.

With the downsizing of Maersk line, which aims to combine retirement dismissals, the company is planning to cut administrative costs at about 230 million euros inside of the next two years.

In addition to the reduction in goods shipping jobs, the Danish giant has indicated that it will reduce its networks and has given up buying six giant ships that had preencargado.

Slowdown in international trade

The sharp fall in transport prices and decreased demand for the slowdown in trade has led to the maritime subsidiary of the Danish group AP Moeller-Maersk has reduced their ability to try to reverse these trends, this year have resulted in reduced activity of the company.

In fact, the leadership of the Danish transport and energy conglomerate has lowered its forecast for annual earnings by 540 million euros to now place them in 3,000 million. These 2015 results will be announced next Friday.

“We are transforming Maersk Line for your organization is simpler and more careful. We want to improve our contact with customers and at the same time, working in the most efficient way possible,” said company CEO S?ren Skou.

The Danish shipping company is present in 116 countries, employs about 30,000 workers and has 619 container transport ships.

In late October, the oil subsidiary of the group Maersk Oil-announced a reduction of between 10% and 12% of its workforce this year, due to cheaper oil in the international market.