Tech giants IBM and Microsoft are laying off hundreds of employees in Russia as companies continue to leave or scale down businesses in the country.

IBM suspended operations back in March but kept employees on the payroll.

IBM suspended its Russian operations in March after the country invaded Ukraine, but employees were kept on the payroll. In a memo to staff on Tuesday, chairman and CEO Arvind Krishna announced an “orderly wind-down” of business in Russia. The local workforce will be laid off, he said.

“Our colleagues in Russia have, through no fault of their own, endured months of stress and uncertainty,” said Krishna. “We recognize that this news is difficult, and I want to assure them that IBM will continue to stand by them and take all reasonable steps to provide support and make their transition as orderly as possible,” he continued.

Also Read :

Battlegrounds Mobile India is giving chance to win 50 lakh rupees, registration date 


Apple finally lets you see your Wi-Fi network’s password in iOS 16