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Microsoft has decided to significantly reduce business in Russia. It has joined the ranks of large technology corporations that have reduced their presence in the Russian market or left it altogether in response to the full-scale invasion of Ukraine by the aggressor country, reports Bloomberg..
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“As a result of changing economic outlook and the impact on our business in Russia, we have made the decision to significantly reduce our operations in Russia. We will continue to fulfill our existing contractual obligations with Russian customers while the suspension of new sales is in effect,” the company said in a statement..
More than 400 Microsoft employees will be affected by this decision. The company says it is “working closely with them” and “will provide full support during this challenging time.”.
In March, Microsoft suspended the sale of new products and services in Russia, but continued to support existing customers and did not close its office in the aggressor country..
Earlier it became known that the IBM corporation completely stops the work in the Russian Federation. The company began to lay off employees in the aggressor country.