Marine Harvest cuts job as salmon prices drop

Marine Harvest is cutting up to 60 jobs, around the Campbell River area to cut costs as the price of salmon goes down. This decline in the price of salmon is in part due to a global down turn. 20 employees so far have been laid off, their role was mainly administrative at the  company Vancouver Island base. "There are plans for another 30 to 40 production staff to be cut" said spokesman Ian Roberts adding "That will take place over the next 12 months as we don't stock certain farms. We are hoping and expecting that most of that is just through regular attrition." Read more ...

This blog is written by Martin Little, The Aquaculturists, published and supported by the International Aquafeed Magazine from Perendale Publishers.