FDBusiness.com

Following a review of the operations of Cumbrian Seafoods and its subsidiary Border Laird, which were acquired after going into administration late last year, Young’s Seafood is to cut 555 jobs from the business across three sites in the UK. The Seaham site, which produces a wide range of fish and seafood, including white fish and prawns, will lose 363 jobs, while 112 jobs will be cut at the primary processing site at Whitehaven. A further 80 jobs will be axed at the Border Laird site at Amble, which is a primary processor of langoustines and also produces fishcakes.

According to Young’s Seafood, the fact that Cumbrian Seafoods went into administration indicated that its business model was not viable and major restructuring was required.