Cisco Systems Starts Wind-Down of Operations in Russia, Belarus
24 June 2022 - 2:49AM
Dow Jones News
By Dean Seal
Cisco Systems Inc. has started a wind-down of its business in
Russia and Belarus in response to the war in Ukraine.
The computer networking and online security giant said Thursday
that it would support employees Russia and Belarus through the
transition as it shuts down operations that had been put on pause
back in March, adding that it would channel resources toward
helping its "employees, the institutions and people of
Ukraine."
"At Cisco, we strongly and unequivocally condemn the unjustified
war, and the violence that has been unleashed upon innocent
civilians," the company said.
The San Jose, Calif.-based company said is the latest major
Western corporation to exit Russia in response to the invasion of
Ukraine. It said Thursday that the wind-down isn't expected to
affect delivery of products and services outside of Russia, Ukraine
and Belarus.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
June 23, 2022 12:34 ET (16:34 GMT)
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