Clipper CEO after new layoffs: "We had to protect what we have"

Clipper Chief Executive Officer Peter Norborg explains in an interview with ShippingWatch why it was necessary to implement a round of layoffs less than a year after the dry bulk operator completed a large-scale staff reduction.

Photo: PR / Clipper

CEO Peter Norborg does not as such think Clipper necessarily performed worse than the competitors, after the dry bulk operator just a few months into 2020 have to cut one fourth of employees at its offices in order to make the finances hang together.

A big part of Thursday was spent on negotiations with employees at the headquarters in Copenhagen, which in particular was hit by the decision to lay off 24 of the company's 91 onshore employees.

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