MyOffice Software Developer Lays Off Employees After 4 Billion Ruble Losses

The Russian developer of office software "MyOffice" has notified employees of mass layoffs. This was reported by "Vedomosti".

The company plans to retain only the technical support service, while other departments may be disbanded.

Entire departments have effectively been affected by the layoffs, and in some cases, it involves almost complete disbandment of teams.

The layoffs were preceded by a sharp deterioration in the company's financial performance. According to the explanatory note to the financial statements for 2025, the net loss of the MyOffice developer company more than tripled, reaching 4 billion rubles compared to 1.2 billion a year earlier. Revenue, according to the report, also decreased.

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