The Bank of Russia to fire 20,000 employees

Bank of Russia in the next 5-6 years, plans to cut staff by 30%, RIA Novosti reported with reference to the first deputy chairman of the Central Bank George Luntovsky on Monday, May 30. Number of personnel of the Central Bank is slightly less than 70 thousand, that is, the regulator plans to reduce 20 thousand jobs. Luntovsky explained that since the beginning of 2011 the Central Bank has already reduced headcount by 5%. "This applies to the central office and all departments", - he said, without specifying, however, the number of laid-off employees. In 2010, the central bank has cut 1200. Deputy Chairman of Bank of Russia, when asked deputies for excessive number of personnel of the Central Bank, said that many central banks around the world to outsource work on economic security, while the Central Bank of Russia has employees who are engaged in economic and social issues. "We can not say that we agree with this situation" - he said, noting that the Central Bank has already spent a decade on the optimization of the structure. So, during this period the number of cash settlement centers halved, in addition, the number of units of Central Depository reduced from 12 to 3. Maximum number of employees of Bank of Russia reaches 93 thousand. In the world of the Russian Central Bank has the second highest number of staff after the People's Bank of China, which employs 140,000 people. Central Bank - one of the largest Russian employer.