Russian Railways, the state-owned company responsible for the majority of freight transport across Russia, has introduced a new policy requiring managers at its central office and several regional branches to take two unpaid days off per month since July. The decision follows a notable decrease in freight traffic, which has impacted the company’s revenue and operational efficiency. Officials have not provided specific figures, but industry analysts suggest that the decline is tied to broader economic challenges, including reduced industrial activity and logistical bottlenecks.
The unpaid leave policy is part of a series of cost-cutting measures aimed at stabilizing the company’s finances. While the move is primarily targeting managerial roles, it has sparked discussions about the broader implications for employee morale and operational management. Employees and labor representatives have expressed concerns over the potential long-term impact on productivity and the company’s ability to meet its transport obligations.
Russian Railways has faced mounting pressure in recent months due to a combination of factors, including global supply chain disruptions, reduced demand for industrial goods, and the ongoing effects of the pandemic. The company’s recent financial reports highlight a persistent decline in freight volumes, prompting management to take proactive steps to address the issue. As the situation evolves, the effectiveness of these measures in stabilizing the company’s performance will be closely monitored by industry experts and stakeholders.