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Norsk Hydro: Hydro Cuts Costs and Carries Out Strategic Workforce Adjustment

Summary by Globe Newswire
To strengthen its long-term resilience, Hydro has decided to initiate a process aiming to cut annual costs by NOK 1 billion, including reducing the overall...

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MADRID, 14 (EUROPA PRESS) The Norwegian metallurgical group Norsk Hydro will carry out a series of measures, including a reduction of workforce that will affect 750 workers, with the aim of reducing their annual costs by 1 billion kroner (84 million euros) to strengthen their long-term resilience and align their structure [...] The Norsk Hydro entry will cut 750 jobs to reduce costs aparece primero en Forbes España.

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Hydro has announced measures to cut annual costs by one billion kroner.

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Norsk Hydro will reduce costs by NOK 1 billion and is therefore laying off 750 employees.

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The matter is being updated. In a stock exchange announcement on Thursday afternoon, Norsk Hydro writes that the group will adapt "in line with strategic priorities, needs and focus areas."

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Norsk Hydro is to cut 750 employees and save NOK 1 billion a year.

·Oslo, Norway
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Globe Newswire broke the news in on Thursday, August 14, 2025.
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