Strategic options for overcoming the crisis. Example of clothing and footwear manufacturers
Decrease of the consumer purchasing power in Russia, caused by lasting economic stagnation, has influenced many sectors of the economy. Clothing and footwear manufacturers were affected badly. According to expert opinion, real household income will continue to decline in 2017 and start to grow insignificantly in 2018.
Headcount optimization in large companies. Can you avoid mistakes?
The 2014 economic downturn in Russia differs significantly from those of 1998 and 2008 – it has different root causes and expectations from the signs of the GDP curve reversal. But, as in any other crisis, the business (be it large or medium, public or private) responds accordingly in order to optimize costs, including personnel costs.