It had said earlier it planned to lay off up to 27,600 employees as part of a crisis programme, Prime-Tass noted. Of these about 5,000 would go by the end of the year. Of those affected by the layoffs, 13,000 are pensioners, around 5,500 workers are close to retirement age and 9,100 are of working age, AvtoVAZ said.
Last Thursday (8 October), Russia’s first deputy prime minister Igor Shuvalov said AvtoVAZ won’t undertake massive layoffs, the news agency added.
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