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October 8, 2009

Facing massive layoffs, Russia's 'Detroit' feels the chill

Vasily Kurikov worked for 28 years at AvtoVAZ, Russia's biggest carmaker, but the factory has him on half-shifts and, like everyone else in town, he's heard that there are 27,600 job cuts coming. Looking at the people in front of him, many of them AvtoVAZ workers left to wander this city on the banks of the Volga River, Kurikov said that things could turn bad.

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