Russian vehicle manufacturer AvtoVAZ has decided to cut up to 27,600 jobs, which includes 5,000 white-collar jobs. The OEM has been struggling with plummeting sales due to the impact of the economic slowdown.
“Today, 102,000 people work at AvtoVAZ. Such a number cannot guarantee effective and profitable production; therefore we have …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.
Next steps