Today the A&A group was forced to close it’s headquarters in New Flagstaff.
Only a small store in the basement will remain to keep up business.
75% of the staff have lost their jobs.
By selling the headquarters back to the city the CEO Alex Delazorra managed to still keep control of the company.
The production has been relocated into the last remaining warehouse of the company.
According to bank officials the A&A group hasn’t had any significant business within the last few months and therefor it was decided to call in the loans. The money from selling the headquarters went directly into payment of the loans.
“Mr. Delazorra, as a private person, still owes the bank a small amount for a loan on his private residence on the outskirt of town, but we are confident that with the restructuring he’s done in the A&A group the loan will be paid back.” said the bank official.
“We’re deeply sorry that Mr. Delazorra’s business faces such tragic times” said the mayor of New Flagstaff. “Mr. Delazorra’s engagement for the town’s community, the children and the poor has been exemplatory. That’s the main reason why the town decided to buy back the building space that Mr. Delazorra had acquired from us a year ago.” he continued. “As a personal friend of Mr. Delazorra I wish him the best of luck, finding his way again.” the mayor said off the record.
Today there was no company official available for comment, rumours are spreading that Alex Delazorra has said to close friends that he might have to go back to his old job. According to the newspaper’s records that would mean that Mr. Delazorra is planning to go back into service as an Lieutenant in the army of the Enforcers. We’ll keep the honored reader updated on the developments.
