After the imposition of sanctions on Russia by a large number of countries, more than 330 companies announced their withdrawal or the suspension of activities in that market, According to the School of Administration of the Yale University. With a wide variety of measures, from the partial or temporary suspension of its operations to the closure of offices and the definitive abandonment of the country, this list includes some of the most recognized companies globally.
Some of them, in fact, are responsible for several tens of thousands of jobs, such as McDonald’s. The fast food chain announced on Tuesday the temporary closure of the almost 850 restaurants it owns in Russian territory, although will continue to maintain the 62,000 employees of those locations.
Another notable case is that of PepsiCo, whose management has chosen to suspend sales of Pepsi-Cola and other soft drink brands such as 7Up and Mirinda in Russia, but continue to offer essential products such as milk and baby food. This company, whose business in that country dates back more than six decades, It has nearly 20,000 collaborators in the Russian market.
Ikea decided to pause its production and sales in both Russia and Belarus, with the exception of the Mega shopping centers operated by the brand, which will remain open to guarantee access to essential items. Even so, this measure will affect the employment situation of 15,000 employees in the 17 Ikea branches in Russia.
In a Statista infographic compiled 10 leading companies that announced the suspension of operations or their withdrawal from Russia. Together, these ten companies alone are responsible for more than 125,000 workers in that country. The list also includes the holding company of Galician origin Inditexwhat closed temporarily more than 500 stores in Russia – its second largest market after Spain – where it employs some 9,000 people.
