Report: Microsoft slashes Russian business, 400 workers impacted - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Report: Microsoft slashes Russian business, 400 workers impacted

MOSCOW, Jun 8 (PRIME) -- Microsoft is substantially reducing its business in Russia, joining the list of the technology firms cutting back or exiting the country altogether amid the special operation in Ukraine, Bloomberg reported on Wednesday.

УAs 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,Ф the company said in an emailed statement. УWe will continue to fulfill our existing contractual obligations with Russian customers while the suspension of new sales remains in effect.Ф

More than 400 employees will be affected, a company spokesperson said. УWe are working closely with impacted employees to ensure they are treated with respect and have our full support during this difficult time,Ф 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.

End

08.06.2022 13:40
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul