Fisheries Companies Lay Off Staff in North Iceland Skip to content

Fisheries Companies Lay Off Staff in North Iceland

All 35 staff members of fisheries companies Siglunes and Útgerðarfélagið Nes in the town of Siglufjörður, North Iceland, were let go this morning.

siglufjordur_psSiglufjörður. Photo by Páll Stefánsson.

In a letter from the companies’ owners, the layoffs are attributed to difficult operating conditions in the fisheries sector including increased taxes and levies for fisheries companies, cuts to the quota for haddock and a decrease in market prices, reports.

The owners also state that they hope to be able to rehire most people after the restructuring of the companies.


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