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IBM begins laying off its entire Russian workforce
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IBM begins laying off its entire Russian workforce
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8th June 2022, 07:32
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,966
 |  IBM begins laying off its entire Russian workforce IBM will begin an “orderly” wind-down of its operations in Russia, according to a memo from CEO Arvind Krishna that was released publicly today. The company suspended business operations in the country back in March, joining a wave of other Western companies that chose to either halt sales or pull out of Russia completely following its invasion of Ukraine. Despite no longer doing business in Russia, IBM kept paying its Russia-based employees. But US sanctions on Russian banks have made it harder for the company to pay its Russia-based workforce, Reutersreported last month. https://www.engadget.com/ibm-pulls-o...1.html?src=rss |
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