HeadHunter: quarter of companies face layoffs

27 April 2015 (09:13)

April 27, 2015. 24% of Urals-based companies have had to face layoffs in the last nine months or are planning to let some workers go in the near future, director of HeadHunter’s Ural branch Anna Khvostova says.

‘Additionally, 9% of local businesses had to cut their workers’ pay by 10% to 15% on average. This was mainly true of office workers, blue-collar workers, reporters, and people in the banking and logistics sectors,’ Khvostova said.

According to the executive, Yekaterinburg labor market is nevertheless still in a much better condition now than in was in the recession of 2008 and 2009.

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