Factz

BREAKING

Cisco Systems Destroyed $23.4M Worth of Equipment as Part of Withdrawal From Russia

Cisco Systems has withdrawn itself from the Russian marked, and burned bridges on the way out. Literally.

Because they have no plans to resume operations in Russia, they destroyed $23.4M worth of equipment on their way out the door.

In March 2022, they announced that they would cease sales in Russia, and refused to renew licenses. Simultaneously, they announced plans to withdraw the company from Russia and Belarus.

The company destroyed spare parts, product demonstrations, equipment and furniture before leaving their factories and offices.