Marine Harvest will reduce its Marine Harvest Chile workforce by up to 500 employees due to the recent algal bloom and poor results over the last year.
In a statement, the salmon farming giant said it would revert with a complete restructuring plan of Marine Harvest Chile in connection with its first-quarter results release on 11 May.
Last month, it conceded that the severe algae bloom at its Chilean operations in Region X would result in the loss of all its 2.9 million fish at its three seawater sites: Punta Redonda, Huar Sur and Huar Norte.
All of its fish were covered by insurance.
