J Lauritzen is cutting 15% of its office staff as it looks to tackle losses in the face of a difficult shipping market.
Job losses in Copenhagen and overseas were confirmed today, with the company noting further redundancies are not expected to follow.
Mads P Zacho, who took over as chief executive of Lauritzen last year, said: “We deeply regret that the difficult market conditions imply that we must say goodbye to skilled and dedicated staff, but we will do our utmost to support and help the ones affected, for instance in terms of outplacement counseling etc.”
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