Bankrupt Šiauliai furniture frame manufacturer "Zaka" lays off all employees

The bankrupt Šiauliai furniture frame manufacturing company "Zaka" is laying off all 32 employees, the company has notified the Employment Service.

The furniture sector in Durango has recorded a 15% decrease in production and sales in the last two months, said Manuel Rodríguez, president of the Association of Furniture Manufacturers in the state. Rodríguez attributed this decrease to the reduction of cash flow in the market, a situation that, according to him, not only affects Durango, but the whole country. “This trend is not new; last year the same happened and it was until the last month…