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27.11.2008, 15:13

Morgan Stanley cuts 25% of jobs in Russia

US investment bank Morgan Stanley is shedding one in four jobs at its Russian office in a bid to cut costs, Russian daily Vedemosti reports.

Job market changes focus as credit crunch begins to bite

Published: 20 October, 2008, 06:28


The global financial crisis is reshuffling Russia's job market. Financial sector and real estate workers are suffering. But Russian state-owned companies and manufacturers now have a chance to hire top managers who were previously too expensive.

 
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