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Major employer cuts third of staff

Крупный работодатель сокращает треть штата

The furniture manufacturing company Flexa Eesti, which operates in Viru-Nigula and Kadrina, has notified the Unemployment Insurance Fund of its plans to lay off 50 employees, dv.ee writes. Production. Illustrative photo. Production. Illustrative photo. Photo: Sander Ilvest

The furniture manufacturing company Flexa Eesti, which operates in Viru-Nigula and Kadrina, has notified the Unemployment Insurance Fund of its plans to lay off 50 employees, dv.ee writes.

According to Lääne-Virumaa Uudised , the company employed a total of 148 people at the end of the second quarter. According to the Tax and Customs Board, Flexa Eesti's turnover in the first half of this year decreased year-on-year. The most significant drop occurred at the beginning of the year.

Flexa Eesti produces children's furniture from pine and fibreboard, as well as other wooden furniture on a subcontracting basis.

Read more at dv.ee.

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