Microsoft Corp said that on June 8, 2022, it was creating substantial cuts to its business in Russia, joining a string of companies that are eliminating their exposure or pulling out of the country following its invasion of Ukraine. The article contains Microsoft Scales Down Russia Operations.
However, the company said it would fulfill its existing contractual obligations with Russian customers, while the suspension of new sales announced earlier in March 2022 remains in effect, reports Reuters. “As a result of the changes to the economic frame and the impact and effect on our business in Russia, we have decided to scale down our operations in Russia significantly,” a Microsoft official said.
Bloomberg reported the news, and said more than 400 employees will be affected. In addition, several major companies, including Apple Inc, Nike, and Dell Technologies, have severed ties with Russia.
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