Kaspersky Announces Shutdown of US Operations and Workforce Reduction Post Ban

Tuesday, 16 July 2024, 13:11

The renowned Russian security software company, Kaspersky, declares the shutdown of its US business due to the US government's sales ban. The decision leads to employee layoffs as the company deems its US operations unsustainable. This move comes following the US Commerce Department's prohibition on sales to the company.
TechCrunch
Kaspersky Announces Shutdown of US Operations and Workforce Reduction Post Ban

Kaspersky's Decision to Cease US Operations

The well-known security software firm, Kaspersky, has made a significant announcement regarding its US operations.

Employee Layoffs

  • Kaspersky has confirmed that the shutdown will result in employee layoffs.
  • US Commerce Department Ban The company cites the US government's sales ban as a key factor in this decision.

Conclusion: Kaspersky's move to shut down its US operations and lay off employees underscores the impact of the US ban on the company's business.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Subscribe to our newsletter for the most reliable and up-to-date tech news. Stay informed and elevate your tech expertise effortlessly.

Subscribe