High Liner Foods cuts 9% of North American workforce

High Liner Foods laid off 9% of its North American workforce, or 35 people, as it faces pressure from inflation and tariffs, the frozen seafood company said Tuesday (April 1).

The company, headquartered in Nova Scotia, said the move is part of a broader strategy to cut costs that includes “disciplined margin management, cost reduction and supply chain efficiency efforts.” 

High Liner said it is “confident” these actions will support year-over-year returns. The company estimates its first quarter results or 2026 will be “modestly” below the prior year.

“While the Company experienced strong demand during the first quarter, underlying promotional activity combined with rising input costs and tighter supply put pressure on margins and plant performance, delaying the realization of profitability improvements that the company expects to deliver in 2026,” High Liner said in a press release.