Cisco decides to phase out operations in Russia — Reuters
Business & Economy
June 23, 2022, 19:39
According to the agency, the company is focused on ensuring that employees in Russia and Belarus affected by the decision receive the necessary support
MOSCOW, June 23. /TASS/. American manufacturer of network equipment and software Cisco will start to gradually withdraw from the markets of Russia and Belarus, Reuters reported on Thursday.
"We have now made the decision to begin an orderly wind-down of our business in Russia and Belarus," the agency quoted the company’s representative.
The agency noted that the company is focused on ensuring that employees in Russia and Belarus affected by the decision receive the necessary support.
In March, Cisco announced temporarily suspending sales of its products and provision of services in Russia and Belarus due to events in Ukraine.