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Accenture to suspend business in Russia -Breaking


© Reuters. Accenture PLC brand is seen on a smartphone in entrance of displayed similar brand on this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration

(Reuters) – IT consulting agency Accenture (NYSE:) Plc stated on Thursday it’s discontinuing enterprise in Russia in response to the nation’s invasion of Ukraine.

The corporate stated it will likely be extending help to its workers in Russia, the place it has almost 2,300 staff. It doesn’t have operations in Ukraine.

The agency’s transfer comes as different IT and software program gamers together with Oracle Corp (NYSE:) and SAP SE (DE:) have both suspended or paused all operations in Russia.

Corporations from industries starting from retail to cars together with Netflix Inc (NASDAQ:), clothes model H&M and Mercedes-Benz Group have additionally made related strikes.

Reuters reported on Wednesday Ukraine is in search of motion towards Russia from about 50 extra tech corporations, together with in gaming, esports and web infrastructure. Russia has known as its actions in Ukraine a “particular operation.”

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