Categories: Business & Brands

Russia-Ukraine: KPMG Joins Netflix, PwC To Suspend Operations In Russia

Russia-Ukraine, KPMG has joined Netflix, PwC to suspend operations in Russia.

Glamtush reports that job losses are expected to rise in Russia following KPMG’a announcement of its suspension of operations in Russia and Belarus.

This was announced by KPMG in a statement on Sunday evening, this online platform learnt.

KPMG joins Netflix and PricewaterhouseCoopers to suspend operations in Russia and Belarus.

KPMG Said, “We believe we have a responsibility, along with other global businesses, to respond to the Russian government’s ongoing military attack on Ukraine. As a result, our Russia and Belarus firms will leave the KPMG network.”

They added that KPMG has over 4,500 people in Russia and Belarus, and is ending its working relationship with them, “many of whom have been a part of KPMG for many decades, is incredibly difficult, citing that the decision is not about them, and it is a consequence of the actions of the Russian Government.

 

Angela Davies

Recent Posts

PHOTOS: Davido Receives Luxury Car From Auto Firm For 32nd Birthday

Davido has received a luxury car from an auto firm for his 32nd birthday.  …

5 hours ago

VIDEO: How Primate Ayodele Foretold Simon Ekpa’s Arrest In 2023

Simon Ekpa, a Finnish-Nigerian separatist agitator and self-proclaimed Prime Minister of the Biafra Republic Government…

5 hours ago

Speaker Obasa Clarifies Negative Perceptions As Sanwo-Olu Presents 2025 Budget

Accuses detractors of peddling news of alleged governorship ambition.   Speaker of the Lagos State…

5 hours ago

Simon Ekpa, Four Others Arrested In Finland Over Terrorism Activities

Simon Ekpa and four others have been arrested in Finland over terrorism activities.   Glamtush…

9 hours ago

Davido Celebrates 32nd Birthday With ₦300m Donation To Orphanages

Davido is excited to celebrate his 32nd birthday with a ₦300m donation to orphanages.  …

11 hours ago

America Returnee Found Dead In Ogun Hotel

An American returnee has been found dead in an Ogun hotel.   Glamtush reports that…

12 hours ago