Gazprom provided about 7 percent of Russia's federal budget in 2021, the year before Putin's full-scale invasion. By 2023, it was estimated to provide about half of that as sanctions, reduced ...
Russia's Gazprom is considering cutting hundreds of administrative jobs, a company spokesman confirmed to AFP on Monday, as the gas producer reels amid the loss of key exports to Europe.
A letter from Gazprom's board to its CEO suggested layoffs of 40% for its headquarters amid "challenges." The letter said wages among managers had risen to nearly $500 million a year. Russian ...