Norsk Hydro: Hydro Cuts Costs and Carries Out Strategic Workforce Adjustment
7 Articles
7 Articles
MADRID, 14 (EUROPA PRESS) The Norwegian metallurgical group Norsk Hydro will carry out a series of measures, including a reduction of workforce that will affect 750 workers, with the aim of reducing their annual costs by 1 billion kroner (84 million euros) to strengthen their long-term resilience and align their structure [...] The Norsk Hydro entry will cut 750 jobs to reduce costs aparece primero en Forbes España.
Hydro has announced measures to cut annual costs by one billion kroner.
To strengthen its long-term resilience, Hydro has decided to start a process with the goal of cutting annual costs by NOK 1 billion, including reducing the total workforce by 750 positions.
Norsk Hydro will reduce costs by NOK 1 billion and is therefore laying off 750 employees.
The matter is being updated. In a stock exchange announcement on Thursday afternoon, Norsk Hydro writes that the group will adapt "in line with strategic priorities, needs and focus areas."
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