Biggish Blue is closing its business in Russia and firing all its staff due to the country’s war on Ukraine.
The letter, which was written by IBM CEO Arvind Krishna, said the decision was made as “consequences of the war continue to mount and uncertainty about its long-term ramifications grows”.
He said the shut down process began on May 30 and will result in the separation of its Russian workforce.
“Our colleagues in Russia have, through no fault of their own, endured months of stress and uncertainty. We recognise that this news is difficult, and I want to assure them that IBM will continue to stand by them and take all reasonable steps to provide support and make their transition as orderly as possible.”
Krishna added that since operations were suspended in Russia, IBM has been focused on the safety and security of its employees and has been evaluating longer-term options while continuing to pay for staff in the country.
