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Deloitte, EY, KPMG and PwC All Exit Russia on Ukraine War (2)

March 7, 2022, 2:54 PM

EY, PricewaterhouseCoopers LLP, KPMG LLP and Deloitte are pulling out of Russia in response to the war in Ukraine, the latest companies to conclude business ties to the country are untenable in the wake of its invasion of Ukraine.

Deloitte said in a statement Monday that it will no longer operate in Russia and Belarus, where it has about 3,000 staff. “We will separate our practice in Russia and Belarus from the global network of member firms,” Deloitte’s global Chief Executive Officer Punit Renjen said.

Earlier, EY said it has “has commenced a restructuring of its Russian member firm ...