August 9, 2026 saw a shockwave ripple through the Russian IT sector, specifically impacting the office software market. One of the flagships of import substitution — LLC 'New Cloud Technologies' (the developer of the 'MyOffice' suite) — has undergone a massive restructuring, effectively liquidating its regional development centers. Offices in St. Petersburg and Innopolis have been closed, with employees relocated to a single hub in Moscow, under the aegis of the majority shareholder — 'Kaspersky Lab'.
Financial Collapse: From a Billion in Revenue to Massive Losses
Behind the loud statements of 'restructuring' lies a serious financial crisis. According to 2025 data, the company's revenue halved to 1 billion rubles. Meanwhile, the net loss increased sevenfold, reaching an astronomical sum for the sector of 8.82 billion rubles. Furthermore, the debt owed to the majority shareholder, JSC 'Kaspersky Lab', increased by 34% and now stands at nearly 25 billion rubles. These figures indicate that the project has ceased to be economically self-sufficient and has become a loss-making burden for the investor.
Mass Layoffs: From a Thousand to a Hundred
The human scale of the catastrophe is staggering. If the company's staff numbered 1,073 employees as recently as March 2026, by August 2026, only 250–270 remained. This means the company cut more than 75% of its workforce in just six months. St. Petersburg suffered particularly heavy losses, as it hosted the development center for office editors. According to company founder Dmitry Komissarov, 200 to 300 people worked there. Innopolis lost about 20 employees. The remaining specialists now work in the 'Kaspersky Lab' office at the 'Olimpia Park' business center in Moscow.
The End of an Era: Halt in Development of Key Products
According to the company's 2025 report, the development of key products such as the Mailion mail server, 'MyOffice Mail', the Squadus corporate communications platform, and the 'Documents Online' service was suspended starting in 2026. This puts the ecosystem that 'MyOffice' built over more than a decade at risk. Evgeny Kaspersky openly admitted in June 2026 that NCT (New Cloud Technologies) was a loss-making asset, stating that development support would continue, but on a 'slow burn' basis — i.e., at a minimally necessary level.
Contradictory Data
There are discrepancies regarding the reasons and scale of the office closures. On one hand, representatives of 'Kaspersky Lab' claim that the restructuring decision was made to 'focus on the most promising directions' and ensure financial stability. On the other hand, company founder Dmitry Komissarov suggests that closing the St. Petersburg office means either a complete halt to the development of office editors or the transfer of this competence to 'Kaspersky Lab'. NCT CEO Vyacheslav Zakorzhevsky confirmed the closure of 'several offices' but did not specify which ones, creating uncertainty regarding the future of key products.
What's Next for 'MyOffice'?
Despite massive layoffs and office closures, the company states that it continues its operational activities and fulfills obligations to clients. However, the future of 'MyOffice' is now closely tied to 'Kaspersky Lab'. The question remains whether the company can maintain its market position, where it serves over 8,000 organizations, including VTB, Russian Post, Rosgvardia, and Rosatom. It is likely that we are heading towards even closer integration with 'Kaspersky Lab' or even the complete acquisition of assets.
