The global business environment is increasingly shaped by geopolitical tensions, trade disruptions and economic volatility. While Hydro has already introduced measures to mitigate these challenges, the company is now taking further action to ensure it remains well positioned for the future.
“Our 2025 strategy was built around growth in selected areas, and we have taken steps, including adding resources, to prepare for this growth. The 2030 strategy focuses on growing the core of the integrated value chain. The world has changed, and we must adapt to the new reality. We are now taking action," says Eivind Kallevik, President and CEO of Hydro.
The hiring freeze will pause all new and ongoing external recruitment for white collar roles in the affected areas. Recruitment for blue collar positions in the Business Areas will continue as planned.
In parallel, Hydro is launching a structured review of the number of white collar employees to ensure alignment with strategic priorities and operational efficiency. This review will help the company assess its current and future needs.
Hydro is committed to conducting this process with transparency and care, and in close collaboration with its employee representatives.
By taking these steps, Hydro aims to enhance its ability to navigate uncertainty and continue delivering long-term value through its values of care, courage and collaboration.
Published: June 10, 2025