Layoffs | America's largest ocean freight forwarder lays off another 300 people!
According to foreign media reports, C.H. Robinson Worldwide (referred to as Robinson), the world's seventh largest freight forwarder and the largest in the United States, has recently laid off 300 employees. The second layoff within.
Robinson Chief Communications Officer (chief communications officer) Duncan Burns said in an email that the layoffs mainly involve shared service positions and non-engineering technical positions, and the number of layoffs is slightly less than 2% of Robinson's total global employees..
Duncan Burns explained: "The decision to lay off staff was not an easy decision, but it was necessary for the long-term development of the company."
In the first quarter of 2023, Robinson's total revenue was US.61 billion, a year-on-year decrease of 32.3%; adjusted gross profits (adjusted gross profits) were US6 million, a year-on-year decrease of 24.3%.
Among them, the total revenue of Robinson’s global freight forwarding business segment was US0 million, a year-on-year decrease of 64.0%; the adjusted gross profit was US8 million, a year-on-year decrease of 44.7%.
In terms of business categories, the adjusted gross profit of the sea freight business was US0 million, a year-on-year decrease of 50.3%, mainly due to the decline in the volume of sea freight; the adjusted gross profit of the air freight business was US.317 million, a year-on-year decrease of 49.0%, also due to the Air cargo volumes are down.