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European gas tradeGazpromRussian economyRussian workforceSberbank

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

Related Topics

European gas tradeGazpromRussian economyRussian workforceSberbankeconomic instabilityinterest rateslayoffsmass layoffsstate corporations

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