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BRIEF-Avtovaz plans to lay off 740 employees
February 20, 2017 / 8:46 AM / 7 months ago

BRIEF-Avtovaz plans to lay off 740 employees

Feb 20 (Reuters) - Avtovaz:

* Plans to cut 740 employees not engaged in main activity, which is less than 2 percent of its total number of personnel

* Says the process will be conducted in full accordance with Russian law

* Says all laid off employees will be offered existing vacancies in all divisions of Avtovaz, including in the industrial park Further company coverage: (Gdynia Newsroom)

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