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flag Maersk cuts 1,000 corporate jobs to save $180M amid declining profits and tough market conditions.

flag Maersk plans to cut about 1,000 corporate jobs—roughly 15% of its workforce—as part of a cost-cutting effort to save $180 million annually, citing ongoing industry overcapacity, lower freight rates, and geopolitical disruptions. flag The company reported a 2.8% revenue drop to $54 billion in 2025, despite higher shipping volumes, with net profit falling to $2.7 billion from $6.1 billion the prior year. flag For 2026, Maersk forecasts earnings between a $1.5 billion loss and $1 billion profit, down from $3.36 billion in 2025, and will reduce its dividend and launch a $1 billion share buyback.

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