AvtoVAZ unconvincingly denied plans to cut half of staff

Heads of "AvtoVAZ" denied the previous information about plans to reduce by 2020 nearly half of its staff. About the dismissal of 45 percent of employees reported in late August the French edition Les Echos, with reference to the vice-president of "AvtoVAZ" in finance and corporate development Eugene Belinin. According to the plant, the words of Belinin were incorrectly interpreted. 

In this case, the manufacturer's representatives have confirmed that over the next six years,  from 20 to 25 thousand workers will leave the company. However, it will be associated with the "natural wastage", and "AvtoVAZ" is not planning to hire new employees.