Nvidia to cease all activities in Russia, will relocate employees

midian182

Posts: 8,321   +103
Staff member
What just happened? Nvidia has joined the slew of western companies ceasing all activities in Russia. The tech giant stopped shipments to the country soon after the invasion of Ukraine eight months ago, but the small Russian presence that remained is now being removed.

Nvidia in a statement said it had continued to maintain its office in Russia after suspending shipments to support employees and their families, but recent developments mean it can no longer operate effectively in the country. "All employees will be given the option of continuing their jobs in other countries," the company said.

Those recent developments Nvidia cites doubtlessly refer to the recent escalation in the Russia/Ukraine war. With the invasion not going the way Putin expected, Russia's president has called for the country's first draft since the second world war, a move that has proved more unpopular than the conflict itself.

Around 300 people worked at Nvidia's Russia office before February's Ukraine invasion. That number has declined over the eight months since then, but team green said it still has around 240 employees in Russia. On September 30, it told staff that the office would shut down due to the "inability to ensure effective work from its employees."

Although it hasn't been officially announced, a source told RT (via Forbes) that Nvidia is now actively taking out on charter planes those who agree to relocate to offices in other countries.

In addition to halting shipments to Russia, US officials instructed Nvidia (and AMD) last month to stop selling their high-performance AI-focused GPUs to the country without a license.

Nvidia isn't the only company to cut all ties with Russia. IBM started laying off its remaining staff in the country in June. It had been paying its Russia-based employees since suspending its business operations, but tightening sanctions on Russian banks were making it more difficult to keep workers on the payroll. A day later, Microsoft laid off over 400 staff from its businesses in Russia, blaming economic conditions.

While Apple has pulled all product sales in Russia, its App Store is still accessible. Cupertino recently removed the country's Facebook rival, VKontakte, from the store globally, which led to Russia demanding an explanation.

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dangh

Posts: 786   +1,330
They already buy almost all from aliexpress and sanctions not work.
If they don't work then lets wait until they but all from AliExpress for extra price, what is 2k usd for average orc.
But I'm happy to keep sanctions for a year or 5 longer, to help Chinese sellers. It is great stuff for all the shops in Russia they don't have to waste time selling cpus and gpus, no bothersome accounts operations, just empty shelves and all employment can be handled by Chinese friends... ;)
 

wiyosaya

Posts: 8,266   +7,616
Lol, now all they need to do is jump on the bandwagon with a Ukrainian flag inspired 4090 GPU and promise to donate 10% of the profits to the Ukrainian effort and charge $2000.00 for it.
With all the press about increased power and increased prices for the 4000 series, IMO, this would be some much needed good publicity for them. But I doubt that LeatherMan's heart would be in it even if he did do that.
 

Takesha

Posts: 15   +7
If they don't work then lets wait until they but all from AliExpress for extra price, what is 2k usd for average orc.
But I'm happy to keep sanctions for a year or 5 longer, to help Chinese sellers. It is great stuff for all the shops in Russia they don't have to waste time selling cpus and gpus, no bothersome accounts operations, just empty shelves and all employment can be handled by Chinese friends... ;)
They have extra prices since 2000. Most of electronics get taxes and costs 20-30% more then in Europe or USA.
 

ZedRM

Posts: 1,342   +942
This might be an unpopular opinion, but I feel bad for the people of Russia. They have to suffer the results of the actions taken by the brainless buffoons in their government screwing things up for them. It might be time for another revolution in Russia..
 

Underdog

Posts: 278   +173
Not just Russia my friend. Its about time for the public in UK to get rid of the Conservative government has has systematically destroyed the economy and currently eroding workers' rights while exhibiting every form of corruption to line their own pockets.
 

Takesha

Posts: 15   +7
This might be an unpopular opinion, but I feel bad for the people of Russia. They have to suffer the results of the actions taken by the brainless buffoons in their government screwing things up for them. It might be time for another revolution in Russia..
The people of russia want this war, but don't want to pay for aftermath. Read their comments in Twitter how they want to kill Ukrainians for example in posts about Crimean Bridge
 

ZedRM

Posts: 1,342   +942
The people of russia want this war, but don't want to pay for aftermath. Read their comments in Twitter how they want to kill Ukrainians for example in posts about Crimean Bridge
Wrong. I know people in Russia, and no they do NOT. Most of them think Putin is a tyrant that should be killed but they're to afraid to do anything.