Shipping Decline Leads to Massive Job Cuts
Procurement Bulletin
NOVEMBER 5, 2023
Shipping Decline Leads to Massive Job Cuts Danish shipping giant, Maersk, announced it will cut 10,000 jobs in the wake of a massive decline in shipping business (a 92% drop in profits!!!). The shipping giant moves cargo all around the world, so this slowdown in business for them is stark warning for the world economies. Toyota Invest in New Battery Plant As the world moves to electrify vehicles, Toyota, is investing an additional $8B (bringing the total investment to $14B) to construct an elect
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