Type
Internal restructuring
Country
Lithuania
Region
Lietuva; Alytaus apskritis;
Location of affected unit(s)
Alytus
Sector
Manufacturing
Manufacturing Of Furniture And Other Manufacturing
Manufacture Of Furniture
31 - Manufacture of furniture

79 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2009
Employment effect (start)
Foreseen end date

Description

Sofa Brands, a furniture manufacturer based in Alytus, is to make redundant 79 employees. At present 408 people are employed in the company. According to the management, the main cause of the dismissals is the internal restructuring of the company.


Sources

  • 17 March 2009: Verslo zinios

Citation

Eurofound (2009), Sofa Brands, Internal restructuring in Lithuania, factsheet number 68514, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68514.