Once one of the most successful members of Tallinn Stock Exchange, the Estonian beer manufacturer Saku Brewery is now facing economic difficulties and will lay off 16 people.
Saku was delisted from TSE on the 19th of September 2008 after being taken over by Calsberg.
Being part of a big group is not enough when crisis is at the corner of the street and Saku Brewery recently had to send 69 employees to compulsory vacation or partial work-time.
The problems did not end up with the new year and the company will fire 16 people from the production department and use partial work-time or partially paid vacations from the 26th of January until the 31st of March.
Reorganization and cost control are necessary within the current market situation to keep the competitivity of the company high.
Laying off employees is often easy and companies often neglect the future of their former workers. Saku is behaving differently since it is helping its employees to find a job, by giving them contacts of close companies or partners. Five of them already found a position in