Neptune Orient prepares for a long downturn
Neptune Orient Lines, one of the world's largest container carriers, said Wednesday that it would lay off 9 percent of its work force and warned the outlook was grim as the shipping sector faced up to a prolonged global economic downturn. Shares of the company fell almost 3 percent after it said in a...
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Tags: america, layoffs, Neptune Orient Lines Ltd., Singapore, North America, North American, jobs worldwide, NOL, job worldwide, Southeast Asia, U.S
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