Moscow Mayor Says 200,000 Jobs At Risk In City As Western Companies Leave

200K could lose their jobs as Western companies withdraw, Moscow mayor says

As a growing number of Western companies distance themselves from Russia, the mayor of Moscow says hundreds of thousands of people could soon be without work."According to our estimates, about 200,000 people are at risk of losing their jobs," Moscow Mayor Sergei Sobyanin wrote in a Monday blog post, according to an AFP translation.He also said authorities have approved a program worth 3.36 billion rubles — or roughly $41 million — to support emp…

Western exodus could cost 200,000 jobs in Moscow, says mayor

By Uliana Pavlova, Chris Liakos and Anna Cooban, CNN BusinessThe exodus of Western companies from Russia could cost hundreds of thousands of jobs in Moscow alone. The city’s mayor, Sergey Sobyanin, said in a blog post Monday that 200,000 people were at risk of losing their jobs. Authorities were setting aside 3.36 billion rubles ($41 million) to support them, he added.Scores of Western companies have left Russia or suspended operations in the co…

Western exodus could cost 200,000 jobs in Moscow, says mayor - Local News 8

By Uliana Pavlova, Chris Liakos and Anna Cooban, CNN BusinessThe exodus of Western companies from Russia could cost hundreds of thousands of jobs in Moscow alone. The city’s mayor, Sergey Sobyanin, said in a blog post Monday that 200,000 people were at risk of losing their jobs. Authorities were setting aside 3.36 billion rubles ($41 million) to support them, he added.Scores of Western companies have left Russia or suspended operations in the co…

200,000 could lose their jobs as Western companies withdraw, Moscow mayor says

The city is preparing to retrain some workers and give temporary public works jobs to thousands more as a growing number of Western companies distance themselves from Russia.

Moscow's mayor sees 200,000 jobs at risk

Many foreign companies have ceased their business. Moscow mayor Sobyanin sees 200,000 jobs at risk. Central bank boss Nabiullina warns that the economy cannot live on reserves forever, but must reposition itself.

Moscow Mayor Says 200,000 Jobs At Risk In City As Western Companies Leave

Some 200,000 people risk losing their jobs in the Russian capital because Western companies have suspended operations over the invasion of Ukraine, Moscow Mayor Sergei Sobyanin said on April 18.