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NVIDIA will suspend all operations in Russia and relocate its staff.
NVIDIA has suspended its operations in Russia, joining a vast number of Western corporations that have done this as well.. The IT giant ceased supplying technology to Russia shortly after the invasion of Ukraine eight months ago.
NVIDIA stated that it was retaining its offices in Russia after ceasing hardware shipments to support staff and their families. Still, due to recent events, it would no longer operate in the country. The corporation stated that all employees will have the option to continue working in other countries.
The latest problems cited by NVIDIA are undoubtedly a reference to the recent escalation of the conflict between Russia and Ukraine.
Before the invasion of Ukraine in February, some 300 individuals worked at NVIDIA's Russia offices. This number has decreased over the past eight months, but the green team reported that it currently employs approximately 240 individuals in Russia. On September 30, he informed the staff that the office would be closing because it was "inability to ensure the effective work of its employees."
NVIDIA is currently chartering flights to transport employees who have agreed to relocate to offices in other countries. In addition to suspending shipments to Russia, US officials ordered NVIDIA and AMD to cease selling their AI-focused high-performance GPUs to Russia last month.
While Apple has discontinued all hardware sales in Russia, its App Store remains.
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Valken
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#6057906 Posted on: 10/06/2022 09:25 AM
Remember to bring the bottles of methane gas with them!
Remember to bring the bottles of methane gas with them!
Glottiz
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#6057907 Posted on: 10/06/2022 09:26 AM
Money. It would have cost them a lot to take quick and decisive action. Nvidia isn't the only company still dragging this out naively expecting things will go back to "normal". It won't.
The only question I have, is why has it taken so long.
Money. It would have cost them a lot to take quick and decisive action. Nvidia isn't the only company still dragging this out naively expecting things will go back to "normal". It won't.
cryohellinc
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#6057909 Posted on: 10/06/2022 09:31 AM
Russia was one of the top mining countries. No wonder they stayed so long.
Russia was one of the top mining countries. No wonder they stayed so long.
Kaarme
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#6057921 Posted on: 10/06/2022 10:11 AM
There are a whole lot of complications involved. As this article said, Nvidia appreciates its Russian workers' skills enough to be ready to ship them out of Russia to work elsewhere, so it must be true Nvidia didn't want to close the office immediately back then, by simply firing all the workers. On the other hand, Russia has done all it can to make it hard for many foreign companies to leave. It was the worst for any foreign companies with significant investments in Russia because leaving immediately meant, in practice, donating all of their possessions in Russia to some Russian company owned by one of Putin's billionaire friends. If the foreign company took its time, it was at least possible to make the Russians pay a little bit for the stuff. Transferring any production tools out of Russia is forbidden, surprise, surprise. In fact Russia likes to stop many professionals from leaving as well. In Nvidia's case, it's hard to say about the material costs. Did they have a supercomputer in Russia? I hope not. Whatever they had, there's a high risk of it ending up in Russian hands, to benefit the Russian government and military, unless destroyed. The Russian government would no doubt love to have all the Nvidia employees with technological know-how.
Of course Nvidia is greedy beyond measure, but leaving Russia now isn't so simple either.
Money. It would have cost them a lot to take quick and decisive action. Nvidia isn't the only company still dragging this out naively expecting things will go back to "normal". It won't.
There are a whole lot of complications involved. As this article said, Nvidia appreciates its Russian workers' skills enough to be ready to ship them out of Russia to work elsewhere, so it must be true Nvidia didn't want to close the office immediately back then, by simply firing all the workers. On the other hand, Russia has done all it can to make it hard for many foreign companies to leave. It was the worst for any foreign companies with significant investments in Russia because leaving immediately meant, in practice, donating all of their possessions in Russia to some Russian company owned by one of Putin's billionaire friends. If the foreign company took its time, it was at least possible to make the Russians pay a little bit for the stuff. Transferring any production tools out of Russia is forbidden, surprise, surprise. In fact Russia likes to stop many professionals from leaving as well. In Nvidia's case, it's hard to say about the material costs. Did they have a supercomputer in Russia? I hope not. Whatever they had, there's a high risk of it ending up in Russian hands, to benefit the Russian government and military, unless destroyed. The Russian government would no doubt love to have all the Nvidia employees with technological know-how.
Of course Nvidia is greedy beyond measure, but leaving Russia now isn't so simple either.
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The only question I have, is why has it taken so long.