Microsoft continues to scale back its operations in Russia, with a notable development for one of its local subsidiaries.
Reuters cited a note filed on the official Fedresurs registry on Friday as revealing that one of Microsoft subsidiaries in Russia plans to file for bankruptcy.
Soon after Russia’s illegal invasion of Ukraine in February 2022, Microsoft and other Western tech giants such as Apple, Google, Samsung, Intel, Qualcomm, TSMC began scaling back their operations in that country, as Western nations slapped punishing sanctions against Vladimir Putin’s country.
Russian exits
Then in March 2022, software giants including Microsoft and IBM announced they had suspended…