Russia’s Yandex co-founder Volozh pens farewell message to staff, Telecom News, ET Telecom

Russia’s Yandex co-founder Volozh pens farewell message to staff, Telecom News, ET Telecom

Russia's Yandex co-founder Volozh pens farewell message to staff

By Alexander Marrow

MOSCOW: The co-founder of Russian internet giant Yandex, Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that could see ownership of many of the firm’s core services change hands.

Volozh stepped down as CEO and left the board of directors after the European Union included him on its list of sanctions against Russian entities and individuals in June. Volozh called the EU’s decision “misguided”.

Yandex, often referred…


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