Job cuts planned as Grieg scales back following Cermaq sale

by
Editorial Staff

Grieg Seafood signals staff cuts at Bergen head office.

Grieg Seafood has announced plans to reduce headcount at its Bergen headquarters following the sale of its Finnmark and Canadian operations to Cermaq earlier this year.

Chief executive Nina Willumsen Grieg told Dagens Næringsliv on Tuesday that the group will undergo a significant downsizing process as it adjusts to a smaller footprint. “It will be a considerable cut compared to where we are today, since we are left with one region. This applies to both sales and head office,” she said.

The company currently employs 71 people at its office at Vågen in Bergen, including sales staff. Management has not yet determined how many of those roles will be made redundant but confirmed that the review is underway.

The restructuring follows Grieg’s Q2 results, published yesterday, which showed an operational EBIT from continuing operations of NOK 91 million ($8.8 million), all generated by the Rogaland region. Operational EBIT per kilo rose to NOK 10.3, up from NOK 6.4 in the same quarter of 2024.

The streamlining reflects Grieg’s transition to a single-region company focused solely on Rogaland after completing the sale of its Finnmark and Canada businesses to Cermaq.

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