MAERSK Line's
chief commercial officer Stephen Schueler, who joined the shipping line three
years ago, has become the most high-profile casualty in the latest round of
staff cuts, reports Lloyd's List.
He
is one of 110 people who have lost their jobs at the carrier's head office
in recent weeks as the world's largest containership operator starts to cut
costs.
This
new round of cuts are part of the cost reduction plans announced last month
that will shrink the line's workforce by 4,000 to 19,000 between now and the
end of 2018.
Maersk
Line has confirmed the layoffs at its Copenhagen headquarters adding it will be
reducing the number of regional offices from eight to seven by merging Asia
Pacific and North Asia regions.
Mr
Schueler's departure comes as part of the organisation restructure that will
see the commercial, trade and marketing functions merged into one commercial
role under Maersk Line's former trades director Vincent Clerc.
A
spokesman for Maersk Line confirmed that "Mr Schueler has resigned to
return to the US with his family".
Other
changes include a shake-up in the management structure of Seago Line, Maersk's
intra-Europe brand with its CEO Michael Hansen, will return to
Maersk Line to become the new global head of sales.
Mr
Hansen will be replaced by Soren Castbak, currently the head of
west central Asia trade.
The
cost reduction programme announced in November is a two year process that
Maersk Line claims will enable them to reduce sales, general and administration
costs by US$250 million per year.
Source
: HKSG.
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