DeCoro staff receive Government payout following factory closure

11th February | upholstery | Staff at DeCoro’s Chinese leather upholstery plants have been given about £1m in unpaid wages by the local Government. The firm, which manufactured from two vast Chinese sofa factories, closed last month and started a voluntary liquidation process.

According to the Shenzhen Daily, an English language newspaper in the region, bosses from DeCoro haven’t been seen in weeks, and staff were owed wages that could total as much as £2m. But the local Government has stepped in and paid 2,000 of the firm’s employees.

Staff claimed that container orders from Europe and the US had fallen by half to 20 containers a day in the period running up to the company’s collapse.

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