** Russia Prepares for Mass Government Layoffs Amid Digitization Efforts and Salary Increases Russias government plans to resume mass layoffs of public sector employees next year, with around 400,000 people at risk of losing their jobs. The move aims to free up funding for remaining employees' higher salaries. President Vladimir Putin signed a decree last month ordering territorial branches of federal agencies to cut staff by 10% no later than July 1, 2025. ** Source: https://www.themoscowtimes.com/2024/11/11/russia-preparing-mass-government-layoff-a86976