gazprom

3+ articles

Europe European gas trade GDP growth Gazprom Russia

White-Collar Workers in Russia Face Job Cuts Amid Economic Turbulence

In the face of a looming economic slowdown in Russia, white-collar workers, particularly in the tech sector, are facing increasing job cuts due to stifling interest rates, new taxes, and corporate tax suspensions ending. Despite ongoing labor shortages in military-industrial fields, companies like Gazprom and VK are reducing headcounts amidst an anticipated GDP growth drop to 1.6-2.5% in 2025.

Feb 12

White-Collar Workers in Russia Face Job Cuts Amid Economic Turbulence

Mass Layoffs Hit Russian Giants: Gazprom and Sberbank Slash Workforce Amid Economic Turmoil

In a shocking turn of events, Russia's leading corporations, Gazprom and Sberbank, are cutting significant portions of their workforce. With interest rates soaring and economic instability looming, these mass layoffs signal a deeper crisis. Gazprom plans to reduce 40% of its staff at the St. Petersburg headquarters, while Sberbank's subsidiaries face 30-50% staff cuts.

Jan 20

Mass Layoffs Hit Russian Giants: Gazprom and Sberbank Slash Workforce Amid Economic Turmoil

Gazprom's Major Managerial Shake-up: 40% of HQ Staff Facing Cuts

In a bold move to adapt to financial pressures from Western sanctions and dwindling European demand, Gazprom has announced a plan to slash 40% of its managers at their St. Petersburg headquarters. With the automation wave standing by to fill certain roles, what does this mean for the future of Russia's gas dominion?

Jan 17

Gazprom's Major Managerial Shake-up: 40% of HQ Staff Facing Cuts