Vkontakte. Stock photo: Getty Images
The Russian social network Vkontakte (VK) is making personnel lay-offs, although they have not been officially announced. Hundreds of employees have already been laid off, but the cuts could extend to thousands.
Source: Latvia-based Russian media outlet Meduza
Details: The reports say that rumours of large-scale lay-offs at VK started circulating in the industry a few weeks ago. At the end of September, dozens of employees, including entire teams, were fired from the company in one day, according to Meduza’s sources.
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Several top managers were fired, among others.
The lay-offs included members of the marketing team, VK Clips employees, developers of the Marusia voice assistant and advertising staff.
Up to 20% of the staff may be laid off, which is around 3,000 people in this case. A company representative denied any such plans.
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One of the former employees was informed of his dismissal by his manager, who explained that the company was undergoing massive lay-offs. Another employee said that his boss cited “resource optimisation and budget reallocation” as the main reason for the lay-offs.
The new management of the company may also be the reason for the cuts.
Lay-offs are being carried out in secret, and dismissals are being made under the guise of mutual agreement.
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