Like its Silicon Valley analogs, Yandex also looked for a more advantageous jurisdiction for its headquarters and picked The Netherlands, which has for more than a decade been home to holding company Yandex NV.- Divesting Yandex NV's ownership and control of all other businesses in the Yandex Group (including search and advertising, mobility, e-commerce, food-delivery, delivery, entertainment services and others in Russia and international markets), including transferring certain elements of governance to management.- Russian IT pros flee Putin, says tech lobby group- Russia, Iran discuss tech manufacturing, infosec and e-governance collaboration- Russia acknowledges sanctions could hurt its tech companies- Here's why prolonged Russia-Ukraine war would be really bad for us, say chip designersThe plan does not, however, address the fact that many of the Yandex staff who build and maintain the company's products remain in Russia, or whether regulators would welcome products that are developed within Vladimir Putin's domain – given the former spy's use of state-sponsored cyber criminals and influence operations.Many Yandex staff have reportedly already fled Russia, as tech workers are nearly always in demand in nations that don't operate pervasive censorship surveillance and aren't subject to sanctions on imports of the sort of stuff a decently paid techie might enjoy acquiring with their disposable income.Russia's government has acknowledged that its invasion of Ukraine could damage its tech industry and the FT reports that Yandex N.V.'s move was probably approved by Vladimir Putin himself."