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Neptune Orient Lines To Cut 1,000 Jobs

published Wed, Nov 19 2008 21:15 GMT
by Melanie Lee, ReutersNeptune Orient Lines, the world's seventh-largest container carrier,s aid on Wednesday it will shed 9 percent of its workforce and warned the outlook was grim as the shipping sector faces up to a prolonged downturn.See Also: NOL Warns Of Unprecedented Industry Crisis, by John Burton, Financial Times.
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