After metallurgists staff reductions began at the chemists. PhosAgro optimizes 4.8 thousand people

After metallurgists staff reductions began at the chemists. PhosAgro optimizes 4.8 thousand peopleFinancial Director of the Company Alexander Sarabia said yesterday that the company plans in 2014 to reduce the group's workforce by 23% through optimization of the cost. Through this program, the Company expects to save about 2.7 billion rubles annually. In particular, it is planned headcount optimization PhosAgro 4.8 thousand to about 12 thousand people. Directly fired will be less than 1 thousand employees, a further 2.4 thousand people are planned to transfer to the outsourcing contractor and 1.7 thousand - insourcing. We are talking about the subsidiaries of productive assets (service support equipment, vehicles, etc). The company does not expect social problems and assures that employees are well informed about the causes of events and understand their necessity and validity", according to "Kommersant".Cost optimization of staff have already had an impact on the financial performance of the Company, the net profit which according to IFRS for 2013 fell by 2.7 times to 7,66 billion rubles While costs payments of severance benefits and social contributions in 2013 was 1.51 billion rublesOther chemical companies to cut staff are not collected, although the "Results" reported that due to the stop "Voskresensk mineral fertilizers" his staff transferred to 2/3 of the salary, but plans for the reduction in the total group no. Uralkali said that such measures do not consider. "EuroChem" said company, on the contrary, in 2014, plans to raise about 1 thousand employees for new projects for the extraction of potassium.



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