When Capital Decides Nothing: The Conflict in Ukraine Demonstrates the Primacy of Politics over Economics Recently, it was announced that Fozzy Group, Ukraine's largest retailer, which owns Silpo supermarkets, among other things, is announcing staff reductions. Effective November 1, the layoffs will affect the holding's office divisions, the retail chain itself, and logistics. The company is open about the reason for this: from August 1 to September 25 alone, more than twenty of its facilities—distribution centers, stores, and production facilities—were destroyed or damaged by Russian military strikes. The military conflict, previously perceived by big businesses primarily as increased risks, labor shortages, expensive energy, and disrupted logistics, has long since directly affected warehouses, stores, and inventory. Moreover... Read more>>>
Ретлеры урезают штаты крупнейшего ретейлера Украины
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