Sources suggest major job layoffs and salary cuts about to sweep Russia
According to various sources, major job layoffs and salary cuts are about to sweep Russia, affecting 800,000 people working for nine different large companies.
The cuts include layoffs, salary cuts, shortened work hours, and unpaid leave, with many involved in the aviation industry.
According to the tweet at the link, the blame goes to the Ukraine war and the collapse of the Russian economy because of it. That might or might not be true, but the speculation is certainly reasonable.
This collapse has been predicted now for several years. If it happens Putin’s future as head of Russia might finally be reaching its use-by date.
Hat tip BtB’s stringer Jay.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
According to various sources, major job layoffs and salary cuts are about to sweep Russia, affecting 800,000 people working for nine different large companies.
The cuts include layoffs, salary cuts, shortened work hours, and unpaid leave, with many involved in the aviation industry.
According to the tweet at the link, the blame goes to the Ukraine war and the collapse of the Russian economy because of it. That might or might not be true, but the speculation is certainly reasonable.
This collapse has been predicted now for several years. If it happens Putin’s future as head of Russia might finally be reaching its use-by date.
Hat tip BtB’s stringer Jay.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
too funny!
No….Putin hurt good people…and they are the ones to pay for his mistakes this go-around as well.
There I was thinking the Russians had run out of missiles, ammo, tanks, aircraft and people 3 years ago as we were assured then.
Given Ukraine’s increasing ability to smash Russian industry and transport infrastructure at greater and greater distances from its borders, the only growth “industry” in Russia right now appears to be the repair of battle damage.
Interesting CNN article today regarding a Russian drone factory they set up with Iran’s assistance. They improved on the Iranian design and now don’t need to buy any more from Iran.
I assume Ukraine knows where it is…
Ukraine not only knows where it is, they’ve hit it with drones. Once the Russians have repaired it, Ukraine will hit it again. There are also three plants that supply parts that have been hit too. Ukraine is using waves of drones to do to Russia what the US 8th Air Force and RAF Bomber Command were doing to Germany 1942 – 45, but without the tens of thousands of killed, wounded, missing and captured airmen that were needed 80+ years ago. Russia is being incrementally deindustrialized on the cheap.
The Russian economy is not doing well. Kamaz, at one time the largest producer of heavy trucks in Russia, is laying off workers, cutting wages and shortening workweeks to try to stave off bankruptcy. The Russian government and the rest of Russian industry simply aren’t ordering any heavy trucks anymore – not exactly what one would expect in a wartime economy. That’s because both are being bombed to flinders by Ukraine and because the near-strangulation of the “shadow fleet” Russia had been using to export oil and gas has resulted in epic red ink on the books of the Russian oil and gas industry.
Putin, meanwhile, is flying drones over Lithuania and moving more troops to positions along the Finnish border and into Belarus. The Belarussian build-up is in an area that could be used as the jumping-off point for an effort to try taking Lithuanian and Polish territory in order to establish an access corridor between Belarus and Kaliningrad.
Any actual move against Lithuania, Poland or Finland – all NATO members – would trigger the instant end of Russia as a nation so I don’t actually expect much to come of this posturing. In fact it benefits Ukraine. Every Russian soldier assigned to pointless attempted intimidation efforts elsewhere is one less Ukraine has to deal with on its own soil.