Railroad Authority to Trim Workforce by a Quarter: Report

Ukrzaliznytsia plans to cut 25% of its administrative staff, according to Forbes.
Ukrzaliznytsia plans to cut 25% of its administrative staff, according to Forbes.

As a result of reduced traffic volume, Ukrzaliznytsia intends to decrease its administrative personnel by a quarter before year’s end, Forbes indicates.

It’s worth mentioning that in 2025, UZ will allocate 52% of its revenue to compensating its workforce.

In the prior year, the enterprise’s deficits reached UAH 2.7 billion, causing the nation’s most significant employer to streamline its activities.