the Russian car industry continues to decline: while the plants one by one return from the long holidays, more and more businesses are considering the option of reducing staff. This de facto means that in the industry believe the catastrophic market decline in April, the beginning of a protracted recession.
the First information about the cuts was leaked back in April: according to “Fontanka”, the Nissan car plant near St. Petersburg is planning to cut about a quarter of the staff (about 450 people) with the payment of six salaries. The company confirmed this information, but noted that the decision was taken at the beginning of March and directly with coronavirus crisis is not connected, the demand for cars Nissan fell and before all events, and at the end of the first quarter grade went down by 5%. The plant plans to switch to single-shift operation.