Cisco confirms plan to exit Russia permanently

Cisco confirms plan to exit Russia permanently

Networking giant Cisco will wind down its businesses in Russia and Belarus following the invasion of Ukraine earlier this year.

Apple, Ericsson, Microsoft and Nokia are among the most notable firms to take action since the start of the invasion. Now Cisco has decided to make its stance permanent and has started the process of withdrawal.

“Since our announcement on March 3, we have continued to closely monitor the war in Ukraine,” the company said in a statement on its website.

“We have now made the decision to begin an orderly wind-down of our business in Russia and Belarus.

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