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Many famous companies have left

Started by PocketOption, Mar 09, 2022, 04:20 pm

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PocketOption

Many famous companies have left

Boeing and

Many famous companies have left


The n Federation invaded e on February 24. Many countries criticized 's decision. Interestingly, many Western companies left  after the West imposed sanctions.


Netflix is shutting down its operations in the country. It has more than 1 million customers in . Another famous company also suspended its operations in the country. Airbnb severed ties with  and Belarus. The country has more than 90,000 active short-term rentals across various platforms


Ikea closed all stores in the country. It also stopped sourcing materials from the region and neighboring Belarus. The company has 17 stores in , and the move to pause operations will directly impact 15,000 workers, according to Ikea's statement. 


and its challenges 


As stated earlier, many famous companies took measures against the country. For example, Volkswagen Group slammed the breaks on the production of its vehicles in . The car giant also stopped exports to  with immediate effect.


Last week, Airbus announced it would stop sending spare parts to the country and would end its support of n airlines. 


Its rival Boeing also suspended parts, maintenance, and technical support for n airlines. It also stopped all of its operations in Moscow. The aviation giant decided to do so eight hours before Airbus and was the first Western manufacturer to do so.


The country operates a fleet of 700 Western planes, and without the technical support of Airbus and Boeing, its airline industry is extremely isolated. 


ExxonMobil also made an important decision. The company is exiting a major oil and gas project in the country and will cease investing in the country.


Apple no longer sells physical products in the country. The tech giant also disabled traffic and live incidents in Apple Maps in e. It also removed RT News and Sputnik News from its app store except in . 


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