Kaspersky Lab, a cybersecurity company that develops antivirus software, has announced its decision to close its business operations in the United States starting from July 20. This will result in the layoffs of all employees currently based in the US, which is fewer than 50 individuals.
The decision by Kaspersky comes as a response to a ban on the sale of its software in America, issued in June due to concerns regarding security and user privacy. However, the company will continue to provide security updates and software support to existing customers until September 29.
According to Kaspersky, this order prohibits the company from conducting any future business operations in the US, leading to the ultimate decision to shut down its entire business in the country.
Source: Bleeping Computer
TLDR: Kaspersky Lab is closing its US business operations due to a ban on its software sales, affecting fewer than 50 employees, but will continue to support existing customers until September 29.
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