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American manufacturer of network equipment Cisco has decided to withdraw from Russia and Belarus. It is reported by Reuters with reference to statement companies.
Cisco promised to provide support to employees working in Russia and Belarus. The company plans to contact customers, partners and suppliers to resolve financial issues, including reimbursement of prepayments for services and software.
In March, Cisco announced it was suspending operations in those countries due to the Russian invasion of Ukraine.
In turn, Microsoft President Brad Smith declaredthat his company, which already reduces its activities in the Russian Federation, intends to continue this process until there is nothing left of its business in Russia.
“We see the prospect that our business will gradually shrink more and more until there is little or nothing left of it,” Smith said in an interview with the Washington Post.
Hundreds of foreign companies, including the largest representatives of the IT industry, have announced the suspension or termination of activities in Russia after the start of the war in Ukraine.