Russia's Microsoft Office challenger forced to shut down offices and fire workers as reports claim it is losing millions
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MyOffice closes St. Petersburg and Innopolis development centers, moving remaining staff into Kaspersky Lab's Moscow office after restructuringParent company New Cloud Technologies restated its 2025 accounts in June 2026, raising the net loss from 4.02 billion to 8.82 billion rubles, roughly $107 million, while revenue halved to about 1 billion rublesKaspersky Lab, which owns 68.8%, has moved the asset to "slow burn" mode, with its CEO saying publicly that import substitution does not work in th
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