Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments

Cisco is an American multinational technology conglomerate corporation. Cisco develops, manufactures, and sells networking hardware, software, telecommunications equipment and other high-technology services and products.

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments

Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500

Top 100 largest companies in Russia by revenue

Top 100
Revenue, mln.USD
517
Staff
266
Capital, mln.USD
225
Glob.Revenue, mln.USD
51549

It has representative offices in Moscow and St. Petersburg, as well as production in Russia. Orderly wind down Russian operations

The Company Statement
June 23, 2022

Cisco is stopping all business operations, including sales and services, in Russia and Belarus for the foreseeable future. There are no statement about local manufacturing.

May 20, 2022Technogiant CISCO continues business in Russia despite announcing pullout
March 04, 2022Cisco suspended business operations in Russia and Belarus
May 26, 2022Cisco WebEx video conferencing service stopped serving customers from Russia
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