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Bakkafrost blames Faroese salmon tax system for layoffs

CEO Regin Jacobsen said the company had hoped for new political changes to the tax policy 'as promised,' but was ultimately 'let down'

By Undercurrent News | Nov. 13, 2023 10:45 GMT
Credit: Bakkafrost Scotland
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Faroese salmon farming company Bakkafrost has laid off 140 employees in areas related to value-added products (VAP), the company announced [...]

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