Tue, 21-Oct-2025

IBM has begun a ‘orderly wind-down’ of its Russia business: Arvind Krishna

IBM

According to James Kavanaugh, IBM senior vice president and chief financial officer, Russia generated approximately $300 million in revenue. Approximately $200 million in profit and cash in fiscal 2021.officer, at IBM’s first fiscal quarter 2022 financial analyst conference call on April 19. The shutdown process began on May 30, and it will result in the … Read more