Microsoft Slashing Russia Business After Invasion, Bloomberg Reports
08 Juni 2022 - 1:08PM
Dow Jones News
--Microsoft Corp. is substantially reducing its business in
Russia on the heels of the invasion of Ukraine in a move that will
affect more than 400 employees, Bloomberg reports.
--The technology giant is significantly scaling down its Russian
operations as a result of changes to the economic outlook and the
impact on its business in the country, Bloomberg reports, citing an
emailed statement from the company.
--Microsoft will continue to fulfill existing contractual
obligations with Russian customers, while the suspension of new
sales implemented in March remains in effect, according to the
report.
Full story:
https://www.bloomberg.com/news/articles/2022-06-08/microsoft-slashes-russia-operations-after-war-clouds-outlook?sref=cvDKYV7o
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 08, 2022 06:53 ET (10:53 GMT)
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