According to the city mayor in a blog post on Monday, the migration of Western groups from Russia will cost hundreds of thousands of jobs in Moscow.<\/p>\n\n\n\n
200,000 people are on the verge of losing their employment. He noted that authorities had set aside 3.36 billion rubles ($41 million) to guide them.<\/p>\n\n\n\n
Hundreds of Western organizations have fled or halted operations in Russia. In late February, President Vladimir Putin ordered the invasion of Ukraine. Businesses were offered, offices were closed, and production of everything from beer to automobiles was halted.<\/p>\n\n\n\n
Several of them, including McDonald\u2019s (MCD), which employs 62,000 people in the United States, have pledged to continue paying their employees.<\/p>\n\n\n\n
Ingka Group, the Swedish retailer IKEA, employs 15,000 people in Russia. Last month, a company spokeswoman told that the company had promised its employees three months\u2019 pay.<\/p>\n\n\n\n
However, it\u2019s unclear how long businesses will be able to provide assistance. Sobyanin added that the Russian government is stepping in to assist those workers who have been left behind.<\/p>\n\n\n\n
The application is for staff of foreign agencies who have abruptly ceased operations or have decided to leave Russia,\u201d he explained.<\/p>\n\n\n\n
Training, temporary and public works jobs, and incentives for groups and corporations to recruit people whose businesses have closed, according to the mayor\u2019s plan.<\/p>\n\n\n\n
Western sanctions have hampered Russia\u2019s economy and pushed the US to the brink of collapse.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to the city mayor in a blog post on Monday, the migration of Western<\/p>\n","protected":false},"author":10,"featured_media":14762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[215],"tags":[364],"class_list":["post-14760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","tag-moscow"],"yoast_head":"\n