Friday, March 11, 2022

Global Businesses Operating in Russia Are: Suspending. Severing Ties. Closing. Exiting. Stopping. Pausing.

©iStock/Jakub Laichter
Giant global businesses in every sector are suspending, severing ties, closing, exiting, stopping or pausing activities in Russia following the invasion of Ukraine.

Why it matters: In addition to condemning the invasion, the companies see an impossible environment — from worker safety to the logistics of getting supplies, financial and sales disruption and the complexity of complying with sanctions.

Learn more on what has happened since the invasion began.

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