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    Home > Top Stories > Microsoft cuts Russia operations due to Ukraine invasion – Bloomberg News
    Top Stories

    Microsoft cuts Russia operations due to Ukraine invasion – Bloomberg News

    Published by Wanda Rich

    Posted on June 8, 2022

    1 min read

    Last updated: February 6, 2026

    This image features the Microsoft logo on a smartphone, representing the company's decision to significantly reduce operations in Russia due to the Ukraine invasion. This action aligns with broader corporate responses from major companies in the tech industry.
    Microsoft logo displayed on a smartphone, symbolizing business cutbacks in Russia - Global Banking & Finance Review
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    Tags:technologyfinancial crisisinternational financial institutioncorporate governancefinancial markets

    Quick Summary

    (Reuters) – Microsoft Corp is substantially cutting its

    (Reuters) – Microsoft Corp is substantially cutting its business in Russia in response to Moscow’s invasion of Ukraine, Bloomberg News reported https://bloom.bg/3MDqliU on Wednesday.

    Earlier in March, Microsoft said it was suspending new sales of its products and services in Russia.

    The company did not immediately respond to a Reuters request for comment.

    More than 400 employees will be affected, the report said, citing a company spokesperson.

    Several major companies, including Apple Inc, Nike and Dell Technologies, have severed connections with Russia.

    Facebook-owner Meta Platforms Inc and Alphabet Inc’s Google have also taken measures to restrict Russian state media from making money off ads on their platforms.

    (Reporting by Tiyashi Datta in Bengaluru; Editing by Anil D’Silva and Devika Syamnath)

    Frequently Asked Questions about Microsoft cuts Russia operations due to Ukraine invasion – Bloomberg News

    1What is corporate governance?

    Corporate governance refers to the systems, principles, and processes by which companies are directed and controlled, ensuring accountability and transparency in their operations.

    2What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly, often leading to widespread economic instability and loss of confidence in the financial system.

    3What is an international financial institution?

    An international financial institution is an organization that provides financial and technical assistance to countries for development projects, often aimed at reducing poverty and promoting economic growth.

    4What are financial markets?

    Financial markets are platforms where buyers and sellers engage in the trade of financial assets, such as stocks, bonds, currencies, and derivatives, facilitating capital flow and investment.

    5What is technology in finance?

    Technology in finance, often referred to as fintech, encompasses the use of technology to deliver financial services, improve efficiency, and enhance customer experience in banking and finance.

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