Russia's Gazprom plans to cut staff at central office
MOSCOW, Jan 13 (Reuters) - Russian energy giant Gazprom plans to cut staff numbers at its central office in St. Petersburg, a company spokesperson said on Monday, as the company faces severe headwinds from the loss of its markets in Europe.
State news agency TASS cited a media outlet called 47news as saying that Gazprom's head Alexei Miller was notified in a letter about plans to cut the central office workforce by around 40%, to 2,500 from 4,100.
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Approached by Reuters, the company spokesperson confirmed the report.
Gazprom's total headcount stands at 498,000. It incurred an annual loss of almost $7 billion in 2023, its first since 1999, as it lost most of its lucrative European market after the start of the war in Ukraine.
Its European sales were slashed further when Russian gas exports via Soviet-era pipelines crossing Ukraine came to a halt on New Year's Day after Kyiv refused to renew a transit deal. Coming on top of the closure of previous routes, it marked the end of decades of Russian dominance over Europe's energy markets.
(Reporting by Vladimir Soldatkin and Oksana Kobzeva; Editing by Mark Trevelyan)