Estonian wood sector companies faced with inevitable layoffs

Estonian wood sector companies faced with inevitable layoffs
    Problems with economic performance have forced several woodworking companies in Estonia to optimize their production volumes and, as a last resort, make part of their workforce redundant.    In October, wood industry company Palmako announced that it will cut a hundred jobs within a year. In the middle of the summer, Lasita Maja, one of the largest manufacturers of wooden houses in Europe, had to cut its workforce by 10 percent, agency workers included, due to a sharp decrease in demand.    According to the Unemployment Insurance Fund, the mouldings ...

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