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Uralsib Staff Expects Downsizing
16.02.2013 22:38
Uralsib Staff Expects Downsizing
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Uralsib is rumoured to be mulling a serious downsizing, with as many as 20 percent of its staff put on the black list, says Vedomosti citing anonymous sources.

The financial corporation has confirmed it’s been cutting jobs but has said the decrease will not be that drastic. 

According to Uralsib’s press service, the company is “implementing a comprehensive long-term strategic programme to boost operational efficiency”.

In 2011, Uralsib reported a 5.9 billion roubles in losses and a net income of 495 million roubles. The 2012 net income totalled 2.3 billion roubles. 

Author: Mikhail Vesely

Tags: Uralsib Russian banks    

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