Russian carmaker Avtovaz to cut workforce by 45 pct by 2020 -Les Echos
August 29, 2014 at 04:11 AM EDT
PARIS, Aug 29 (Reuters) - Russia's top carmaker Avtovaz plans to reduce staff numbers to 30,000 by 2020 from 55,000 to boost competitivity, finance head Evgeny Belinin told France's Les Echos daily business newspaper at the Moscow motor show.