The Russian subsidiary of Alphabet Google plans to file for bankruptcy, saying it had become impossible for the company to pay employees and suppliers.
Google LLC submitted a notice of intent to declare itself bankrupt, according to a message published Wednesday on Russia’s Fedresurs registry. A Google spokesperson separately said an earlier move by authorities to seize its bank account made continuing operations in the country impossible.
The Russian subsidiary of Alphabet Google plans to file for bankruptcy, saying it had become impossible for the company to pay employees and suppliers.
Google LLC submitted a notice of intent to declare itself bankrupt, according to a message published Wednesday on Russia’s Fedresurs registry. A Google spokesperson separately said an earlier move by authorities to seize its bank account made continuing operations in the country impossible.