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Business

Update on IBM’s business operations in Russia




Update on IBM’s business operations in Russia

By Arvind Krishna | Chairman and CEO, IBM

June 7, 2022

The following message was shared with IBMers worldwide from our Chairman, President and CEO, Arvind Krishna, on May 30th.

On March 7, I shared with you our decision to suspend IBM’s business operations in Russia due to the war in Ukraine. Our focus for several months has been to take care of the safety and security of IBMs and their families in affected regions.

We chose to stop operations so that we could consider long-term alternatives while continuing to pay and support our employees in Russia. As the consequences of the war continue to increase and the uncertainty about its long-term consequences increases, we have now made the decision to carry out an orderly liquidation of IBM̵[ads1]7;s operations in Russia. We see this move as both right and necessary, and a natural next step after we have suspended our business.

This process will start today and result in the separation of our local workforce. Our colleagues in Russia have, through no fault of their own, endured months of stress and insecurity. We realize 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 smooth as possible.

I would also like to thank IBMers everywhere for all you have done to help our company, our customers and communities navigate this crisis. Your spirit and generosity have made a difference, and you need look no further than the nearly $ 2 million in donations made to the International Committee of the Red Cross thanks to your individual gifts.

We remain united in our hope for an end to this war and the restoration of peace.

Thank you,
Arvind



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