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Norwegian Cruise Line Holdings Ltd.

NCLHConsumer Cyclical· Miami, FL, United States
LAYOFFS TRACKED
1
LAST EVENT
Oct 1, 2023
MARKET CAP
$11.83B
EMPLOYEES
41,000

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.

Layoff timeline

1 EVENT
Oct 1, 2023News

Norwegian Cruise Line Holdings Ltd., based in Miami, has laid off approximately 9% of its shoreside workforce, affecting around 300 employees. This decision is part of the company's ongoing efforts to streamline operations and adapt to the changing market conditions. The layoffs reflect the challenges faced by the cruise industry in the wake of the pandemic and aim to improve efficiency. The company has not specified any future plans for additional layoffs, but this reduction marks a significant adjustment in its workforce strategy.

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