There Google’s Russian division has filed for bankruptcy Since the beginning of the war, it had been the subject of various measures by the Russian authorities, including the seizure of bank accounts. It also had to suspend monetization of some of its services, including the Play Store, due to Russia’s exclusion from the Swift circuit.
in 2021 Google Russia it had generated a turnover of 134.3 billion rubles, or about 2 billion euros. In total, it also provided jobs to more than 100 people.
From the fine of 7.2 billion rubles – almost 100 million euros -, al seizure of the current account frozen for more than 14 million euros. Sanctions were issued after Google refused to remove certain videos and news items from YouTube. Videos that went against Kremlin propaganda, of course. Moral? Everything disappeared. Google’s Moscow offices are in disarray and will no longer open their doors. Not right away anyway.
“The seizure of our accounts by the Russian authorities has simply made the operation of our office in Russia unsustainable,” said a Google spokesperson. “This includes hiring and paying employees, as well as paying suppliers and meeting our other financial obligations.”
Since the outbreak of the conflict in Ukraine, Google has become the first major Western technology company to close its Russian division. It most likely won’t be the last.
Source: Lega Nerd
