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Samruk-Kazyna halts layoffs after cutting 10% of Astana staff

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Samruk-Kazyna halts layoffs after cutting 10% of Astana staff

Samruk-Kazyna has ceased further layoffs after reducing its workforce by over 10% in Astana. Subsidiaries will independently decide on future optimizations. This announcement came during a government briefing.

The Layoffs

Samruk-Kazyna has announced the cessation of further layoffs following a reduction of over 10% of its workforce in Astana. The decision was confirmed by Gibrat Auganov, the company's Managing Director for Social and Labor Relations, during a government briefing. The layoffs were part of a broader strategy to optimize operations within the holding.

Subsidiary Decisions

Subsidiaries of Samruk-Kazyna will have the autonomy to make decisions regarding any future workforce optimizations. This decentralized approach allows each subsidiary to tailor its strategies according to specific needs and circumstances. The holding's management emphasizes that these decisions will be made independently, without direct intervention from the central administration.

What's Next

The next steps for Samruk-Kazyna's subsidiaries remain to be seen. It is unclear how these independent decisions will impact overall operations.

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Samruk-Kazyna halts layoffs after cutting 10% of Astana staff