MAZ denies plans for massive job cuts

The management of the Minsk Automobile Works (MAZ) does not plan significant job cuts, Viktar Asnouski, MAZ deputy director general in charge of human resources, told Interfax news agency. The statement has come in respond to media reports that the plant is to axe nearly 5000 jobs due to financial dire straits.

At the same time, he declined a comment on the current situation at the plant. Viktar Asnouski said rumors about massive job cuts pop regularly but have never become true.