Рейтинг@Mail.ru
Pravda.ru

News » Economics

AvtoVAZ to cut back on personnel

28.10.2002 | Source:

Pravda.Ru

 

Russia's car giant AvtoVAZ is considering the possibility of cutting back its staff, AvtoVAZ President and General Director Vitaly Vilchik reported. A source at the factory told RBC that the reduction in personnel would be one of the steps aimed at improving the efficiency of the company's work and cutting back expenditures. Vilchik stressed that the reduction would concern, first of all, the company's authorities, white-collars and auxiliary employees.

AvtoVAZ decided to stop some of its assembling lines from October 26 to November 9 due to low demand for VAZ cars. Some employees of the factories went on vacations. Due to the idle time, AvtoVAZ will produce about 743,000 cars in 2002 instead of the planned 770,000 cars.

© &to=http://www.rbc.com' target=_blank>RBC

 

follow us in feedly



Popular photos


Most popular

France will have to pay for Mistrals
France will have to pay for Mistrals
France will have to pay for Mistrals. Paris and Moscow have tentatively agreed on the amount of compensation that France will have to pay to Russia because of the decision not to deliver the...
Russia provokes WWIII by not answering challenges of the West?
Russia provokes WWIII by not answering challenges of the West?
It appears that Russia shows spineless responses in issues of foreign policy. A lot has been said about the looming Third World War. No one wants it, but everyone talks about it and even discusses...

Video

Popular photos

Система Orphus