Of course. There will be masses of people going into unemployment in a month or two. From what I understand companies in Russia have to pay employees 3 months severance. You cannot just immediately dismiss people. There are rules to protect employment in Russia.
Once that time period is over, if those companies have not decided to go back into operations, those people will hit the job market.
But the idea the sanctions will cause a massive impact on the Russian MIC, it is plain BS, the MIC has been under sanctions since 2014. The idea the Russian MIC has failed hard at import substitution of such products is also bunk. I mean just look at marine gas turbines. It is a product with long design cycle. Yet Russia is putting the Admiral Isakov into service this year. They also replaced VK-2500 turbines for helicopters, Al-222 turbines for trainers. They made their own thermal sensors and do not need to rely on French imports anymore. And as is right now they have been announcing a replacement for rad hard space grade semiconductors. We will see if they got those to work once the next generation of GLONASS satellites is sent up (or isn't). They also replaced sensors and avionics which used to be imported from Ukraine. Like the sensors used in the R-77 missile. And we know they did this because they made a huge order of R-77-1 missiles and those are in service right now.
There are still some issues with import substitution of certain items considered non-critical. Like certain components used in drones. Or with production of items which are considered critical but not necessarily imported in the first place. Like digital encrypted hand held radios, or personal night vision devices, etc.
