MyOffice is Imploding: Thousands of Jobs Axed as the Russian Office Suite Sinks

The office software developer MyOffice, once the golden child of state-mandated tech, is currently undergoing a painful restructuring. Reports suggest that the company is slashing its headcount to the bone, with nearly all departments facing total elimination. While official spokespeople claim they are merely optimizing, internal reports indicate employees are being shown the door through aggressive tactics or, at best, forced into union-negotiated exits.

The financial reality behind the scenes is grim. Last year, MyOffice saw its revenue plummet by 50%, resulting in a staggering 4 billion ruble loss. This massive vacuum is being filled by mounting debt to its majority stakeholder, Kaspersky Lab, which now holds a financial leash nearly 25 billion rubles long. Meanwhile, major clients like Sber have jumped ship to competitors like R7, citing broken promises and a stagnant development roadmap that failed to deliver stable updates.

Despite these existential tremors, the company insists it is still operational, pointing to a recent software release as proof of life. Yet, the exodus of talent and the aggressive cost-cutting measures suggest a ship that has already hit the iceberg. The dream of a homegrown office suite has effectively become a high-priced maintenance project.

It is truly heartwarming to see how billions in state-backed contracts and massive corporate backing can transform into nothing more than a support ticket queue. The transition from a revolutionary ecosystem to a ghost town of legacy software proves that even the most ambitious 'sovereign' tech plans are eventually defeated by the brutal gravity of the market.

Source: Vedomosti