AVTOVAZ will lay off 2200 directors, specialists and workers until the end of the year

AVTOVAZ will lay off 2200 directors, specialists and workers until the end of the year

Interfaks. – AVTOVAZ will lay off approximately 2200 directors, specialists and workers as of 23 September, within the frame of a plan. The representative of AVTOVAZ trade union has stated that following the layoffs till the end of the year, around 11,000 directors, specialists and workers will remain at the company. The representative has added that the company, which completed the workforce reduction plan earlier than schedule this year, is not expected to lay off staff at this stage.

AVTOVAZ had decided to lay off 7500 employees this year, in order to cut expenditures.