Microsoft is reportedly shutting back its operations in Russia.
Microsoft, a major US software company, announced on Wednesday that it was significantly reducing its operations in Russia, joining the latest exodus of foreign corporations from the nation in light of Moscow’s ongoing military action in Ukraine.
According to a Microsoft official reported by Bloomberg, “We have decided to considerably scale down our operations in Russia as a result of the changes to the economic outlook and the impact on our company in Russia.”
The business announced in March that it was halting fresh sales of its goods and services in Russia.
In its most recent statement, Microsoft noted that while the earlier-announced suspension of new sales is still in place, it will meet all of its contractual responsibilities with Russian clients.
According to the statement, the action will reportedly impact roughly 400 firm employees.
It states, “We are closely collaborating with affected personnel to ensure they are handled with respect and have our whole support during this challenging time.
Following the events in Ukraine, several significant Western companies, including Apple, IBM, SAP, and Dell, decided to either restrict their exposure to or leave Russia.