We obviously were shipping items, supporting Russian Xerox accounts with Russian employees.
We have stopped shipping things to them and essentially doing business there. How much will that cost, between no revenue coming in from an entire country, and having to pay out existing contracts there?
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we should NEVER go back to that country to do business AND we should be clear on that. We probably have some fine partners but it will ALWAYS be an unstable government with an insane leader. Xerox should NOT be doing business EVER again with the THUG government in Russia.
Russia's entire GDP is close to that of the state of Texas. So pulling out might hurt a little but probably not a huge blow. Heck, after potentially losing money on currency conversions out of the Ruble it may be less of an impact than we think.
https://www.usatoday.com/story/money/2019/04/17/how-gdp-of-us-states-compares-to-countries-around-the-world/39295197/