Clean Seas Tuna is shrinking its workforce by about half and selling surplus boats as it grapples with sick Yellowtail Kingfish.
Staff numbers at the Port Lincoln-based fishing company would drop to about 50 once all the redundancies had taken place, Clean Seas chief executive Craig Foster said.
“It is never easy and it is not something that we like doing,” Foster said today.
“But the job is to restructure the company, so that it will go on and at least some people can have continuing employment.”
Foster said a fairly high percentage of those made redundant - ranging from technicians working with fish to senior management - have managed to find jobs elsewhere.
As part of a turnaround plan, Clean Seas has offloaded a number of boats because of reduced fish stocks.
