abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

The content is also available in the following languages: Русский

Article

8 Jun 2022

Author:
Dina Bass, Bloomberg

Microsoft scales down Russia operations, over 400 employees will be affected

Microsoft slashes Russia operations after war clouds outlook, 8 June 2022

Microsoft Corp. is substantially reducing its business in Russia, joining the list of prominent technology firms cutting back or exiting the country altogether after the Russian invasion of Ukraine. 

“As a result of the changes to the economic outlook and the impact on our business in Russia, we have made the decision to significantly scale down our operations in Russia,” the company said...“We will continue to fulfill our existing contractual obligations with Russian customers while the suspension of new sales remains in effect.”

More than 400 employees will be affected, a company spokesperson said. “We are working closely with impacted employees to ensure they are treated with respect and have our full support during this difficult time,” Microsoft said in the statement.

In March, the company suspended new sales of products and services in Russia but continued to support existing customers and maintain offices there...

Part of the following timelines

Ukraine: Global outrage over Russian invasion leads to sanctions, demands for businesses to divest

Ukraine invasion: Crucial role of tech companies highlighted after Russian 'act of aggression'