All employees at a Sydney joinery and manufacturing business heavily involved in corporate and commercial construction have lost their jobs and the firm has ceased to trade.
On Friday morning, 30 cabinet makers rocked up to the Wetherill Park factory of GDK Group expecting work as usual.
But just 15 minutes earlier news.com.au had revealed that 11 companies linked to GDK Group had gone bust, after multiple court actions with debts in excess of $45 million.
The company director and chief financial officer, Nicholas Kalikajaros, called a meeting at the front of the factory and informed everyone that they no longer had jobs.
Anton*, a staff member who preferred to remain anonymous, said he and his colleagues of many years learned just before…
Read the full article at: https://www.news.com.au/finance/work/at-work/gdk-group-collapses-into-liquidation-owing-45m-30-staff-sacked-on-the-spot-on-friday-morning/news-story/94463863edfa12241192a1ac0b59660e