Main Kremlin state bank resorted to mass layoffs
The wave of layoffs of employees of major Russian companies, affecting banks, steel plants, and car factories, has reached Vnesheconombank (VEB) – the main Russian state bank,…
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“Don’t come tomorrow anymore”: can an employer still dismiss by SMS message?
„I received an SMS from my employer saying that I am being dismissed starting tomorrow. Is that allowed?“ According to lawyer and mediator Raimonda Joskaudienė, the short answer would be this: the SMS itself…
Website development company “Wix” lays off 20% of employees: will also affect those working in Lithuania
Israeli-based website development company Wix is laying off about 20 percent of its employees. The company’s CEO announced this on the social network “X”…
Huge layoffs at the bank: Lithuania will be affected too
The Danish financial group “Danske Bank” has implemented several changes across the entire organization, resulting in a total of 262 job positions being eliminated. Most of the positions were eliminated in Denmark (…