RPT-UPDATE 2-Russian carmaker AvtoVAZ to slash workforce

Newswire

(Repeats to additional subscribers) * Lada maker to cut up to 27,600 jobs * Cuts agreed with trade union * Working at 65 pct capacity (Adds details, quotes, changes dateline from Moscow) By Rimma Mikhareva TOGLIATTI, Russia, Sept 24 (Russia) - AvtoVAZ , Russia's largest carmaker, said it would cut over a quarter of its workforce to cope with plunging demand in a market expected to become Europe's biggest before the financial crisis. AvtoVAZ, part-owned by French car maker ...

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