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Maersk Line to Restructure Central Organization, Cutting 400 Jobs

By MarEx 2012-06-01 15:34:33

Today, Maersk Line announced that it will restructure its global HQ function. The new organization will be presented on June 12, 2012 and be initiated immediately after. It is expected that a consequence of the new organization is a reduction of the number of positions by approximately 400, hereof 250 in Copenhagen.

The new organization follows the substantial changes Maersk Line has made to its global organization since 2008. This included de-layering, off-shoring of work to shared service centers, simplification of processes and empowering the frontline. The results have been good, but more can be done, and Maersk Line is now taking the next step making its central organization more agile in order to strengthen Maersk Line’s focus on customers and markets.

A key objective of the new organization is faster decision making. Furthermore, execution and service tasks currently in the headquarters will be moved closer to the customers in Maersk Line’s country offices in the global organization as well as its shared service centers.

“We want to build a successful business that consistently delivers acceptable returns to its shareholders. This requires that we challenge ourselves to have as efficient an organization as possible,” says Søren Skou.

The review of the new organization was initiated in March this year. The objective has been to simplify and focus the center, which has led to 400 fewer positions. An Employee Consultation Committee will be established, which Maersk Line will consult about the expected redundancies as also required by Danish legislation.