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Russia’s Yandex says it has no plans to split up the company – Metro US

Russia’s Yandex says it has no plans to split up the company

FILE PHOTO: The logo of Russian internet group Yandex is
FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow

(Reuters) – Russian internet giant Yandex on Tuesday said it has no plans to split the company up, responding to a media report that had said it was looking to divide into a Russian and international division.

The Meduza media outlet on Tuesday reported, citing sources, that Yandex employees were asking for opportunities to work in other countries and that plans for a new structure abroad were under consideration.

“There are no plans to split up the company,” a Yandex spokesperson said.

(Reporting by Reuters; editing by Guy Faulconbridge)

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