The city’s mayor, Sergey Sobianine, said in a blog post on Monday that 200,000 people were at risk of losing their jobs. Authorities were setting aside 3.36 billion rubles ($41 million) to support them, he added.
Swedish group Ingka, owner of retailer IKEA, has 15,000 employees in Russia. A company spokesperson told CNN Business last month that it has guaranteed three months’ pay to its employees.
Still, it’s unclear how long companies can maintain support. Sobyanin said the Russian government is stepping in to help workers left behind.
“The [support] program is aimed at employees of foreign companies who have temporarily suspended their activities or decided to leave Russia,” he said.
According to the mayor, the aid plan includes training, employment in temporary and public works, and incentives for organizations and businesses hire workers whose companies have left.
“Let me now say a few words to the countries that are currently on the sidelines, perhaps seeing an opportunity to be gained by preserving their relationship with Russia and filling the void left by others. Such motivations are short-lived. view,” she said in a speech to the Atlantic Council.