'What do we do with all this tech we can't sell?' 'Eh, just smash it.'
The equipment in question is described as mostly spare parts for Cisco devices, which reportedly totalled 1.86 billion rubles, roughly $22.9 million. Though the article also states that it's not stopping there and will be soon destroying demonstration samples and IT equipment.
Considering the company is also reported as destroying some one million rubles worth of office equipment, furniture, and even vehicles from its local subsidiary, it looks like Cisco is keen to ensure as much as possible stays out of Russian hands. It is apparently easier to simply wreck the equipment than attempt to re-export it from Russia back to the United States or other European subsidiaries, though the CNews piece does note that other companies, such as SAP, have been able to negotiate mass sale dumps of equipment around various tech sanctions.
There may also be more Cisco mass scrappings in the future as the primary Russian subsidiary, Cisco Systems, is not alone. Cisco Solutions, a secondary subsidiary also deals in electronic and telecommunications tech, as well as spare parts. The expectation is that it too will start to break down its existing equipment.
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