(Reuters) – Microsoft Corp (NASDAQ:MSFT) is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine, Bloomberg News reported https://bloom.bg/3MDqliU on Wednesday.
Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia.
The company did not immediately respond to a Reuters request for comment.
More than 400 employees will be affected, the report said, citing a company spokesperson.
Several major companies, including Apple Inc (NASDAQ:AAPL), Nike (NYSE:NKE) and Dell Technologies (NYSE:DELL), have severed connections with Russia.
Facebook-owner Meta Platforms Inc and Alphabet (NASDAQ:GOOGL) Inc’s Google have also taken measures to restrict Russian state media from making money off ads on their platforms.
Source:reuters