Ozon has reduced some of its employees to reduce costs due to the events in Ukraine. According to FORBES,
According to one of the interlocutors of the publication, the marketplace is reducing both employees and payroll costs in order to avoid bankruptcy in four to five months. Another source said that "massive layoffs", which will affect up to 20% of current staff, began in early April.
“In the past, the company’s goal was to grow by multiples, but now it’s to make the business profitable and at the same time try to maintain growth rates,” explained one of the Ozon employees.
00:00 Advertisement 00:00 00:00 / 00:00 You can skip ads via Read more00 You can skip ads through More00 You can skip ads through MoreMoreMoreThe e-commerce giant's business is being affected by sanctions , reduced demand, logistical problems, a lack of certain goods, and the high cost of ruble loans amid a lack of access to foreign funding.
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