Accenture Ends Operations in Russia after Ukraine Invasion
In a significant move, global consulting firm Accenture has announced its decision to discontinue its business in Russia. This decision was made following the invasion of Ukraine led by President Vladimir Putin [1][2].
Accenture currently employs approximately 2,300 members of staff in Russia [3]. However, no specific timeline for the discontinuation of business in Russia or any information about the financial implications has been provided.
The company has expressed its solidarity with Ukraine, stating, "Accenture stands with the people of Ukraine" [4]. It's worth noting that Accenture does not have business operations in Ukraine.
Accenture Interactive, a marketing services division of Accenture, operates in Russia and has worked with notable clients such as Unilever, Avianca, and Radisson Hotels [5]. However, there's no information available on the impact of this decision on Accenture Interactive's operations in Russia.
While the search results provide insights into Accenture’s business activities such as launching innovation hubs and continuing client engagements elsewhere, they do not offer explicit details on the support measures that Accenture plans to implement for its employees in Russia or Ukraine [1][3][4].
Typically, when companies exit markets under such conditions, they provide measures like redeployment, severance packages, or humanitarian support for their employees. However, without specific information from Accenture, it's impossible to confirm these details at this time.
For precise and up-to-date details on Accenture’s support plans for Russian and Ukrainian employees post-exit, checking Accenture’s official statements, press releases, or trusted business news outlets would be necessary.
Despite the discontinuation of its business in Russia, Accenture continues to operate Accenture Interactive, a finance-focused division, in the country, working with notable clients such as Unilever, Avianca, and Radisson Hotels. The company has not yet released any details regarding the financial implications of this decision nor the support measures for their staff in Russia.
