Microsoft is reducing its operations in Russia due to the Ukrainian crisis

June 8 (Reuters) – Microsoft Corp said on Wednesday it was significantly reducing its business in Russia, joining a series of companies that are reducing exposure or pulling out of the country after it invaded Ukraine.

The company, however, said it would fulfill its existing contractual obligations with Russian customers, while the suspension of new sales announced earlier in March remains in effect. Read more

“Due to the changing economic outlook and the impact on our business in Russia, we have made the decision to significantly reduce our operations in Russia,” a Microsoft spokesperson said.

Bloomberg News, which first reported the newsaid more than 400 employees will be affected.

Several major companies, including Apple Inc (AAPL.O), Nike (NKE.N) and Dell Technologies (DELL.N), have severed ties with Russia.

Reporting by Tiyashi Datta in Bengaluru and Supantha Mukherjee; Editing by Anil D’Silva and Devika Syamnath

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