September 10, 2020
Color Line will meet the challenging situation in connection with the pandemic with a comprehensive program for cost savings and efficiency. “The plans will secure jobs and future profitability,” says CEO Trond Kleivdal (photo).
Preliminary analyzes show a need to reduce costs by +/- NOK 300 million. This will lead to a reduction in the number of employees both on board and on land by approx. 300 man-years. In addition, measures will be taken to reduce other operating costs.
“Color Line plans to use as many voluntary schemes as possible in connection with the
downsizing,” says CEO Trond Kleivdal.
