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DFDS CEO on cost cutting measures: "We've now done what needs to be done"

Ferry operator DFDS still struggles to get its passenger business up and running after the outbreak of coronavirus. That is one of the main reasons behind the current cost cutting measures the company is now launching, CEO Torben Carlsen says to ShippingWatch.

Photo: DFDS

With plans for layoffs and major cost cutting measures, ferry operator DFDS must adapt to what CEO Torben Carlsen terms "the new reality".

The coronavirus crisis has been tough of the Danish ferry and logistics company in 2020. Therefore, today, the company announced plans to bid farewell to 650 employees and lower the company's annual costs by DKK 250 million (USD 37.7 million).

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