Carnival Corp is bidding farewell to two long-time company executives, while UK counterpart Carnival UK reportedly plans to dismiss hundreds of workers at its Southampton headquarters.

Arnold Donald-led Carnival Corp announced on Tuesday that Holland America Line president Orlando Ashford and Seabourn president Richard Meadows have resigned. They will both leave at the end of this month.

Ashford has led 14-ship Holland America Line since November 2014.