News Tag: modernisation plan
November 11, 2009
Russia's largest retail bank Sberbank is to reduce headcount by 25% - or 67,000 jobs by 2014.
However, around 27,000 of the jobs will be axed by the end of 2009, said the bank.
The bank, which is state-controlled, has been hit by the economic downturn and the cuts are part of a modernisation plan.
Denis Bugrov, a vice president and member ...
Russia’s biggest lender to axe 67,000 jobs
by Kay Murchie
