Auditors · Consultants

Big Four consultancy firms sever ties with Russia

PWC's Crystal Park office in Luxembourg was lit up in the colours of Ukraine's flag. Photo: PWC.

The four leading international consultancy firms, known as the Big Four, have joined a growing list of companies that this week decided to cut their ties with operations in Russia because of the invasion of Ukraine.

PWC, KPMG, Deloitte and Ernst & Young collectively employ some 14.000 staff in Russia. The companies said ties with its Russian business will be severed, letting these operation continue but no longer as part of their networks.

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