FilingReader Intelligence
Hydro cuts NOK1bn costs, 750 jobs by 2026
August 14, 2025 at 01:21 PM UTC•By FilingReader AI
Norsk Hydro plans to reduce annual costs by NOK1 billion, including cutting 750 positions by 2026. The company also reduced its 2025 investment target from NOK15 billion to NOK13.5 billion.
The workforce reductions primarily affect administrative and support roles.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
OSL:NHY•Oslo Stock Exchange
News Alerts
Get instant email alerts when Norsk Hydro ASA publishes news
Free account required • Unsubscribe anytime