"Our board has been forced to consider extremely difficult scenarios in order to futureproof the business and secure our remaining staff across Scotland," a Bakkafrost spokesperson said.
Although positive overall thanks to good results in the Faroe Islands, jellyfish and startup issues in a smolt facility in Scotland have weighed down Bakkafrost's results.
Bakkafrost’s Applecross hatchery will use pyrolysis to create a circular process for aquaculture waste, producing biochar fertiliser for use in forestry.