Loading...
Loading...
Browse all stories on DeepNewz
VisitWhat will be the impact of Kaspersky Lab's US division closure on its global revenue for the fiscal year ending December 31, 2024?
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Kaspersky Lab's annual financial report or credible financial news sources
Kaspersky Lab to Close US Division and Lay Off Workers Amid Biden's Software Ban Next Month
Jul 15, 2024, 09:35 PM
Kaspersky Lab has announced the closure of its US division and the layoff of all associated workers. This decision follows the US Commerce Department's ban on the sale of Kaspersky software in the United States, which is set to take effect on July 20. Kaspersky stated that business opportunities in the country are no longer viable. The shutdown of US operations will be completed next month. The ban has been referred to as 'Biden's ban' in some reports.
View original story
No change • 33%
Moderate decrease (up to 50%) • 33%
Significant decrease (more than 50%) • 33%
Market share increases • 25%
Market share remains the same • 25%
Market share decreases slightly • 25%
Market share decreases significantly • 25%
Yes • 50%
No • 50%
Increases • 33%
Decreases • 33%
Stays the same • 33%
Increase • 25%
Decrease • 25%
No significant change • 25%
Other • 25%
Increase by more than 10% • 25%
Increase by 1% to 10% • 25%
Remain the same • 25%
Decrease • 25%
Fines imposed • 25%
Operational restrictions • 25%
Both fines and operational restrictions • 25%
No action taken • 25%
Less than 1,000 • 25%
1,000 to 5,000 • 25%
5,001 to 10,000 • 25%
More than 10,000 • 25%
Increase for U.S. firms • 25%
Increase for European firms • 25%
Increase for Asian firms • 25%
No significant change • 25%
Expansion in Asia • 25%
Expansion in Europe • 25%
Reduction in operations • 25%
No significant change • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Less than 100 • 25%
1000 or more • 25%
500-999 • 25%
100-499 • 25%