Shohin Is Waiting for Russian Companies to Move to Reductions in 2027
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4 Articles
The easing of monetary policy in the Russian Federation should not wait until February 2027 at a minimum, and in deciding to keep the key rate at a high level, the BC should be aware of the impact on the economy, including the risk of staff cuts in enterprises, told business ombudsman journalists, Alexander Shohin, President of the Russian Union of Industrialists and Entrepreneurs (UCP). "The pause, according to the comments of Elvira Sahypsadin…
The Head of the SPT Warned that in 2027 Companies Could Move From a Reduced Working Week to Lay-Offs
Russian enterprises, which had kept the staff by moving to a reduced working week, could start firing their employees in 2027, as the President of the Russian Union of Industrialists and Entrepreneurs, Alexander Shohin, said. He said that demand was falling in Russia and abroad, and companies that had hoped for economic recovery until they saw the basis for it. "When such forecasts for 2027 were not very optimistic, there was no reason to keep […
Due to the declining demand in both domestic and external markets, and the lack of positive expectations for further economic dynamics, Russian companies will be forced to reduce staff in 2027, said the President of the Russian Union of Industrialists and Entrepreneurs and Business Ombudsman Alexander Shohin, transmitting "Interfax".
The Bank of Russia is most likely not to lower the key rate until February 2027, a projection made by Alexander Shohin, head of the Russian Union of Industrialists and Entrepreneurs (UPE), who was appointed by the President of the Russian Federation to protect the rights of entrepreneurs.
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