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HRAPARAK: HRAZDAN TPP'S CEO PAYS BIG SALARIES TO DEPUTIES
Tert.am
11.01.11
2011 started with mass layoffs for the Hrazdan Thermal Power Plant
(TPP) as Chief Executive Officer Arsen Grigoryan decided to fire 200
-or even 400- employees, the paper comments.
The employees of Hrazdan TPP have been enraged by the fact that shortly
after becoming the CEO, Grigoryan hired six deputies in addition to
the three existing ones. His deputies, who are mainly his relatives,
are paid 3 million drams (approx. $8,400) in monthly salaries.
The paper comments that paying 3 million drams to 6 deputies is
a luxury and therefore lay-offs are needed to save money for that
purpose.
From: A. Papazian
Tert.am
11.01.11
2011 started with mass layoffs for the Hrazdan Thermal Power Plant
(TPP) as Chief Executive Officer Arsen Grigoryan decided to fire 200
-or even 400- employees, the paper comments.
The employees of Hrazdan TPP have been enraged by the fact that shortly
after becoming the CEO, Grigoryan hired six deputies in addition to
the three existing ones. His deputies, who are mainly his relatives,
are paid 3 million drams (approx. $8,400) in monthly salaries.
The paper comments that paying 3 million drams to 6 deputies is
a luxury and therefore lay-offs are needed to save money for that
purpose.
From: A. Papazian