IBM begins 'orderly wind-down' of its entire Russian operation, all staff to lose jobs
IBM begins ‘orderly wind-down’ of its entire Russian operation, all staff to lose jobs The move is a reaction to Russia’s invasion of Ukraine. When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. Global computing giant IBM announced on March 7 that, following Russia’s invasion of Ukraine, it would suspend all business operations in Russia. A new letter sent to all IBM staff on May 30 by CEO Arvind Krishnahas now been made public(thanks, engadget), in which he announces that IBM has come to the decision “to carry out an orderly wind-down of IBM’s business in Russia....