📄 Page Created: March 2, 2022

📆 Last Updated: March 3, 2022

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A number of companies have started rescinding ties with Russia based companies. Here the news related more to the HR world.

March 5, 2022 Paul Polman has written a comprehensive piece on LinkedIn on why companies should take a stand on the Ukraine war.

The Ukrainian people are rising to the moment. Can business?

Please note, this might also impact workers in Russia. There’s a dedicated page on this:

Ukrainian Crisis: How to support workers in Russia and Belarus

• Eaton Saks International, a Recruiting Firm, has cancelled working relationships with large Russian companies, as per an announcement by its CEO.
• February 27, 2022 Start-ups are reviewing ties with their Russian based VCs, according to The Information.
• February 28, 2022 BP has announced it will cut-off investment with Rosneft. Here is the letter by the CEO to its staff.
• March 1, 2022 #SupportUkraine is an initiative for western companies to show their solidarity to Ukraine. On their page list of companies that have adhered.

<aside> 🔥 Note: A full list of companies pulling out of Russia is now available in an up-to-date database.

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