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the head of the Russian companies believe that staff reductions and unpaid leave extreme measures during an outbreak of the coronavirus. It is reported by Telegram-channel RIA Novosti, citing a study conducted by EY.

According to the findings, the most popular anti-crisis measure among entrepreneurs is lower operating costs (38 per cent). Also the part of business leaders willing to take the reduction or deferment of the rent (30 percent).

At the same time, 26 percent of companies to overcome the crisis can resort to the introduction of incomplete working week, and 24 percent of the organizations to review contracts with suppliers.

the Authorities began a broad anti-crisis program. By mid-April, steps were taken to support citizens and the economy of 2.1 trillion rubles. May 11, Putin announced additional measures that are estimated to be about 800 billion rubles.

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Jennifer Alvarez is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.