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{"id":7482,"date":"2022-06-08T15:10:00","date_gmt":"2022-06-08T15:10:00","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/06\/08\/microsoft-winds-down-its-business-in-russia-lays-off-more-than-400-people\/"},"modified":"2022-06-08T15:10:03","modified_gmt":"2022-06-08T15:10:03","slug":"microsoft-winds-down-its-business-in-russia-lays-off-more-than-400-people","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/06\/08\/microsoft-winds-down-its-business-in-russia-lays-off-more-than-400-people\/","title":{"rendered":"Microsoft winds down its business in Russia, lays off more than 400 people"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/6\/8\/23159656\/microsoft-russia-business-changes<\/a>
\n
<\/br><\/code><\/p>\n

\n

Microsoft says it\u2019s \u201csignificantly\u201d scaling down its business in Russia, more than three months after Russia invaded Ukraine. The software giant first pulled the plug<\/a> on \u201cnew\u201d sales of products and services in Russia in early March, and now Bloomberg News<\/em> reports<\/a> that the company is laying off 400 employees in Russia as it begins to wind down its business there.<\/p>\n

\u201cAs 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,\u201d says a Microsoft spokesperson in a statement to Bloomberg News<\/em>. \u201cWe will continue to fulfill our existing contractual obligations with Russian customers while the suspension of new sales remains in effect.\u201d<\/p>\n

Microsoft says it\u2019s \u201cworking closely with impacted employees\u201d in Russia, as 400 employees will be impacted by the company\u2019s decision to wind down its business operations. It\u2019s not clear how many employees currently work at Microsoft in Russia, and we\u2019ve reached out to the company to comment. Microsoft CFO Amy Hood revealed earlier this year that Russia accounts for less than one percent of Microsoft\u2019s revenue.<\/p>\n

Microsoft isn\u2019t the first big multinational company to suspend or wind down its business in Russia. Many Western companies, including Dell, Apple, Nike, and Adidas, are severing ties with Russia<\/a>, closing stores, or pausing sales.<\/p>\n<\/div>\n


<\/br><\/code><\/p>\n

Source: https:\/\/www.theverge.com\/2022\/6\/8\/23159656\/microsoft-russia-business-changes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: Microsoft says it\u2019s \u201csignificantly\u201d scaling down its business in Russia, more than three months after Russia invaded Ukraine. 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