The company that owns Lada, Avtovaz, is looking to cut some 27,000 of its 100,000 work force
The company that owns Lada, Avtovaz, is looking to cut some 27,000 of its 100,000 work force in order to cope with the drop in demand for its vehicles.
This year alone has seen a 40 per cent drop on 2008 and it has caused Avtovaz to worry. They hope that by taking these precautions now they will not risk the company getting into an even worse position.