As tech companies suspend sales in Russia, what is the actual business impact?

As tech companies suspend sales in Russia, what is the actual business impact?

2 years ago
Anonymous $jukOC22bR_

https://techcrunch.com/2022/03/11/as-tech-companies-suspend-sales-in-russia-what-is-the-actual-business-impact/

Over the last couple of weeks, since Russia first attacked Ukraine, we’ve been hearing about loads of tech companies joining businesses from a variety of industries in suspending sales in Russia. It’s been a broad response, and clearly sends a message that companies will not continue to conduct business as usual in the country, but what actual economic impact will these actions have on these companies?

As IDC pointed out in a report published earlier this week, with Ukraine under attack and sanctions being applied to Russia, it will inevitably have some impact on technology companies operating in that part of the world.