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November 14, 2022

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 manufacturer Liistuvabrik based in the South Estonian small ...

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