Maersk CEO Vincent Clerc Talks Earnings, Job Cuts

Maersk CEO Vincent Clerc discusses the company's third quarter results, in line with expectations. Off the back of their earnings, the Danish shipping giant is cutting at least 10,000 jobs in the face of overcapacity, rising costs, and weaker prices. Clerc has been speaking to Bloomberg's Tom Mackenzie and Mark Cudmore.See omnystudio.com/listener for privacy information.