IBM Suspends All Business in Russia Amid Ukraine Crisis 5bj2s Technology News

IBM said it is providing critical to the most heavily impacted areas. 12301m

By ANI | Updated: 8 March 2022 10:54 IST

IBM Suspends All Business in Russia Amid Ukraine Crisis

Photo Credit: Reuters 3v6d2p

IBM CEO Arvind Krishna announced the suspension of business in Russia on Monday

Highlights

IBM will provide critical to the most heavily impacted areas
Several companies have ceased their operations in Russia
Russia maintains the "military operation" is to save residents in Ukraine

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The multinational technology corporation IBM has suspended all its business in Russia due to the conflict in Ukraine, CEO Arvind Krishna said. "I've heard from many of you in response to last week's announcement regarding the war in Ukraine, and I appreciate your . First, let me be very clear — we have suspended all business in Russia. In addition, I want to give you an update on a few of the efforts underway to our colleagues in the region," Krishna said in a statement on Monday.

The company said the company is providing critical to the most heavily impacted areas.

IBM has ed the long line of companies that have ceased their operations in Russia due to the start of "military operation in Ukraine.

Within two weeks, multinational companies, media houses and other large scales businesses have announced their plans to leave Russia.

Russia continues to maintain that it started the "military operation" to save the residents of eastern Ukraine and "demilitarise" the political leadership in the country.

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