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IBM getting rid of the footprint inside Russia In the midst of the war in Ukraine, it makes it the last American tech company to overhaul its work because of the war.
IBM CEO Arvind Krishna said in an internal message to his employees that the company will “terminate in an orderly fashion”. Russia After previously suspending operations when paying Russian employees. Mr. Krishna, the rising wages of war IBMdecision.
“This process will begin today and will result in the separation of our local workforce,” Mr. Krishna said in a public statement on May 30. IBM Tuesday. “Our colleagues Russia they endured months of stress and uncertainty. We are aware that this news is difficult and I can assure them that IBM will remain by their side and take all reasonable steps to provide support and make their transition as orderly as possible.”
IBM Turned out to have more than 1000 employees Russia Before layoffs, according to Reuters’ analysis of LinkedIn data. The Russian business totaled about $300 million. IBMTotal revenue was $57.4 billion last year, according to Reuters.
Exit from the services of American technology companies Russia Growing up in the middle of the war in Ukraine. Amazon suspended all retail product shipments to customers in March. Russiaand Microsoft similarly stopped new sales Russia in March.
Apple reported to CNET in March that it was halting sales and suspending Google’s advertising business. Russia while maintaining search engine services.
news IBM‘s dismissal probably came as no surprise to the Russian workforce. IBM He told Reuters last month that he wasn’t sure how much more he could pay his Russian employees because of the increased sanctions.
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