Spanish fishing company Freiremar, which is strapped with more than €140 million ($189.3 million) in debt and recently filed for protection from its creditors, is looking to lay off staff at 23 of its facilities, reported Faro de Vigo.
The company said in a letter to the representatives of the workforce, it will implement a redundancy plan that will affect its workforce throughout Spain, both on the production and marketing side.
It has not yet quantified the exact number, but said it is unable to renegotiate debt with its banks.
The
