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Kazakhstan's energy giants slash jobs in major restructuring move

Hundreds face layoffs as Kazakhstan's top energy firms overhaul leadership. Will efficiency gains outweigh the human cost of these sweeping cuts?

The image shows a poster with a picture of a house and text that reads "Here's how the inflation...
The image shows a poster with a picture of a house and text that reads "Here's how the inflation reduction act will lower your energy bills". The house in the picture is a two-story structure with a red roof and white walls. The text is written in bold black font and is centered on the poster. The poster is likely meant to inform people of the potential benefits of reducing their energy bills due to inflation.

Kazakhstan's energy giants slash jobs in major restructuring move

Two major energy companies in Kazakhstan have confirmed staff reductions as part of restructuring efforts. KEGOC and Samruk-Energo announced layoffs, focusing on administrative and managerial roles. The cuts were designed to streamline operations without disrupting essential services. KEGOC issued redundancy notices to around 39 employees, all based in Astana. The downsizing targeted the executive directorate and its subsidiary, Energoinform. Three managing directors at Energoinform were let go, with the remaining redundancies affecting central administrative offices. Branches and regional offices remained unaffected by the changes.

Samruk-Energo also reduced its workforce under a directive to cut headcount by 10 percent. The layoffs were limited to headquarters, focusing on administrative and managerial staff. The company confirmed that its 19 regional subsidiaries were not impacted.

Both firms stressed that the reductions aimed to maintain the reliability of power stations and other key operations. No technical or operational staff were included in the cuts. The layoffs at KEGOC and Samruk-Energo were confined to administrative roles in central offices. The companies have assured that essential services, including power generation, will continue without interruption. The restructuring reflects broader efforts to optimise staffing levels while preserving operational stability.

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