One in four companies in Russia has cut staff due to the deteriorating economic situation
Russian companies are laying off employees at a faster pace amid an economic slowdown, rising costs, and declining revenue.
This is reported by RBC, citing a study by Get Experts.
According to the survey, 25% of Russian companies carried out layoffs in 2025, while in 2023 this figure stood at 10%.
It is noted that businesses, which previously expanded their workforces due to import substitution, digitalization, and the launch of new projects, are now shifting to a cost-saving mode, cutting expenses and staff.
The trend toward layoffs began to emerge as early as 2024, when large companies, including VK and MTS, announced cuts. In 2025, this process intensified and spread to a broader market, including the banking sector.
Experts note that workforce optimization has become a sustained trend, as large businesses are no longer willing to maintain teams without regard to efficiency and changing economic conditions.
In Russia, there is a trend toward reducing staff numbers across various sectors, including IT, healthcare, logistics, manufacturing, retail, consulting, and other business services.
The Russian Ministry of Finance forecasts a sharp increase in regional budget deficits to $21 billion.
