Home News IBM launches hundreds of Russian employees and closes operations

IBM launches hundreds of Russian employees and closes operations

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After Russia invaded Ukraine in February, IBM joined hundreds of other companies that suspended business. Many others had already announced a complete exit from Russia.

“As the consequences of the war continue to grow and uncertainty about its long-term ramifications increases, we have now decided to carry out an orderly liquidation of IBM’s business in Russia,” Arvind Krishna, general manager, wrote to employees.

Krishna told Reuters earlier this month that he was unsure how much the company could pay Russia’s employees in the escalation of sanctions.

An IBM spokesman said there were several hundred company employees in Russia.

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“Our colleagues in Russia have endured months of stress and uncertainty without any guilt. I want to assure them that IBM will continue to support them and take all reasonable steps to support them and make the transition to in an orderly manner, as far as possible, “Krishna wrote.

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