Marine Harvest says up 500 employees in Chile

Marine Harvest Salmon algaeFarmed Salmon. Photo: Marine Harvest

Marine Harvest has decided to reduce its manning in Marine Harvest Chile by up to 500 employees due to the recent algal bloom and poor results over the last year.

It writes the company in a stock market announcement Monday morning.

Because of the the algal bloom lost the company almost 3 million fish (salmon).

Marine Harvest will revert with a complete restructuring plan of Marine Harvest Chile in connection with the first quarter results release on 11 May.


Source: Marine Harvest / Norway Today