Accenture Ends Activities in Russia after Ukraine Invasion
In a swift and decisive move, global consulting and technology services company Accenture has completely exited its operations in Russia. This action was taken shortly after Russia's invasion of Ukraine in February 2022.
At the time, Accenture's Russian business involved around 2,300 employees and was worth $120 million. The company chose to divest its Russian operations, transferring them to some of the in-country employees. This decision resulted in a $96 million loss for Accenture. The exit was finalised by April 1, 2022.
Accenture's rapid stance on leaving Russia following the invasion demonstrates a clear commitment to ethical business practices. While specific details about current measures to support Ukrainian employees are not publicly available, the company's decision to exit Russia suggests a strong alignment with supporting Ukraine in broader terms.
Accenture continues to hire roles requiring Russian language skills, such as content moderators and operations associates based in Poland or other locations outside Russia. This could indicate support for displaced or affected employees.
It is worth noting that Accenture does not have business operations in Ukraine. The company's marketing services division in Russia, Accenture Interactive, has worked with notable clients such as Unilever, Avianca, and Radisson Hotels.
Accenture has expressed support for the people of Ukraine, but no information about potential repercussions for the company's decision to leave Russia has been made public. The company is also providing support to Ukrainian staff around the world, although the specifics of this support are not currently known.
No earlier facts mentioned the existence of Accenture staff in Ukraine or any support being provided to Ukrainian staff prior to the invasion. Furthermore, no further information about the impact on Accenture's operations outside of Russia and Ukraine was provided.
In summary, Accenture no longer operates in Russia and has likely provided support to Ukrainian staff through relocation and new hiring in safer countries. However, specific details about current measures to support Ukrainian employees are not publicly available.
- Accenture's decision to exit its Russian operations, worth $120 million and managing around 2,300 employees, resulted in a significant loss of $96 million for the company, demonstrating a strong commitment to certain financial and ethical industry standards.
- Despite no longer having business operations in Ukraine, Accenture has shown support for the Ukrainian people, and currently hires roles requiring Russian language skills, possibly suggesting assistance for affected or displaced employees.
