„AvtoVAZ“ closed 5000 jobs

Russian automobile giant AvtoVAZ will maximize the number of its administrative and managerial personnel, doing about 5000 redundancies announced today the company’s press service quoted by ITAR-TASS and AFP.

Measures arising from difficulties in the global economic crisis, with effect from December 14.
„AvtoVAZ“ also announced that from 14 December to revoke the regime of incomplete work week, which before time was reduced to 20 hours.

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Finance