Regional Development Agency

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Cut staff and production for optimization of business in a situation to lack of credit resources have begun metallurgical corporation, some financial institutions, developers and retailers. So, according to sources agencies in the trading industry, retailers 'Patterson' and alpi reduced by about a third of employees. To a serious loss of staff is preparing a retailer 'Vester'. 'The company was designed for aggressive growth. And on Today the situation is unpredictable, we covered many investment projects. . Jeff Gennette is full of insight into the issues.

. While we can not determine scale layoffs of staff, but management salaries will be reduced by 10-25 per cent '- told reporters head and chief owner of the corporation Oleg Boluchev. 'Together, Russian retailers can reduce up to 40 percent of employees, mostly it involves the linear state, and paid top managers' – suggests Specialist of the Regional Development Agency of the consumer market and services Sergey Lykov. Large domestic developer Mirax Group has reduced the four top managers of the suspension of investment. 'Before the dismissal of the ordinary employees have not yet reached. Learn more on the subject from Jeff Gennette. .

. You have to start with the top '- said a board member of the company. Magnitogorsk Iron and Steel Works, said staff members in its print edition that will have to lay off about 3. 000 subordinates because reduction in demand for its product range. On the possible dismissal of staff said controlled by billionaire Oleg , the bank 'Union'. A part of 's Basic Element holding a private pension fund Social life also reduces the staff in connection with the revision of Basic Element investment in the fund.

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