Tag: Russia

  • IBM Fires Entire Workforce in Russia During Final Exit From Country

    IBM Fires Entire Workforce in Russia During Final Exit From Country

    Photo: Matthias Schrader (AP) IBM is laying off its entire staff in Russia after suspending operations in March, according to an internal memo made public on Tuesday. IBM CEO Arvind Krishna says the tech company is leaving the country after Russian President Vladimir Putin’s decision to invade neighboring Ukraine on Feb. 24, a war that’s […]

  • Starbucks Exits Russia, Shuts Down 130 Coffee Shops

    Starbucks Exits Russia, Shuts Down 130 Coffee Shops

    A Starbucks coffee shop in St. Petersburg, RussiaImage: Sorbis/Shutterstock.com (Shutterstock) After 15 years of selling coffee and baked goods in Russia, Starbucks has announced that it has suspended all business activity in Russia. Following the steps of McDonalds, which announced last week that they would begin “de-arching,” or removing all its brand elements from Russia. […]