June 8 (Reuters) – Microsoft Corp (MSFT.O) mentioned on Wednesday it was making substantial cuts to its enterprise in Russia, becoming a member of a string of corporations which can be decreasing their publicity or pulling in another country following its invasion of Ukraine.
The corporate, nonetheless, mentioned it could fulfill its present contractual obligations with Russian clients, whereas the suspension of latest gross sales that was introduced earlier in March stays in impact. learn extra
“Because of the modifications to the financial outlook and the affect on our enterprise in Russia, we’ve got made the choice to considerably scale down our operations in Russia,” a Microsoft spokesperson mentioned.
Bloomberg Information, which first reported the news, mentioned greater than 400 workers will likely be affected.
A number of main corporations, together with Apple Inc (AAPL.O), Nike (NKE.N) and Dell Applied sciences (DELL.N), have severed ties with Russia.
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Reporting by Tiyashi Datta in Bengaluru and Supantha Mukherjee ; Modifying by Anil D’Silva and Devika Syamnath
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