- Microsoft Corp said on Wednesday it was making substantial cuts to its business in Russia, joining a string of companies that are reducing their exposure or pulling out of the country following its invasion of Ukraine.
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The company, however, said it would fulfill its existing contractual obligations with Russian customers, while the suspension of new sales that was announced earlier in March remains in effect.
"As a result of the changes to the economic outlook and the impact on our business in Russia, we have made the decision to significantly scale down our operations in Russia," a Microsoft spokesperson said.
Bloomberg News, which first reported the news https://www.bloomberg.com/news/articles/2022-06-08/microsoft-slashes-russia-operations-after-war-clouds-outlook#xj4y7vzkg, said more than 400 employees will be affected.
Several major companies, including Apple Inc, Nike and Dell Technologies, have severed ties with Russia.
