Ukraine's Fozzy Group to cut staff starting Nov 1
Trading and industrial group Fozzy Group has announced staff cuts effective November 1 among the holding company's office teams, Silpo supermarket chain personnel and logistics staff due to the consequences of destruction.
Ukraine's Fozzy Group plans to reduce its workforce starting November 1, according to an announcement made on LinkedIn. The cuts will affect office teams, Silpo supermarket chain personnel, and logistics staff. This decision comes as the war is increasingly impacting the company's operations. From August to September, Russian forces destroyed or damaged over 20 facilities, including distribution centers, supermarkets, and production sites, leading to a loss of infrastructure and inventory.
Fozzy Group is suspending some projects and tasks, and abandoning others while seeking new solutions. The company continues to hire employees for retail outlets, warehouses, and production facilities across Ukraine. The most challenging aspect of these changes is parting ways with long-time employees who have contributed to the business's development.
Fozzy Group, with over 825 retail outlets nationwide, remains committed to serving customers and restoring damaged facilities.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
