Accenture to suspend business in Russia

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Accenture PLC logo is seen on a smartphone in front of displayed same logo in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration

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March 3 (Reuters) - IT consulting firm Accenture Plc said on Thursday it is discontinuing business in Russia in response to the country's invasion of Ukraine.

The company said it will be extending support to its staff in Russia, where it has nearly 2,300 employees. It does not have operations in Ukraine.

The firm's move comes as other IT and software players including Oracle Corp (ORCL.N) and SAP SE (SAPG.DE) have either suspended or paused all operations in Russia. read more

Companies from industries ranging from retail to automobiles including Netflix Inc , clothing brand H&M and Mercedes-Benz Group have also made similar moves. read more

Reuters reported on Wednesday Ukraine is seeking action against Russia from about 50 additional tech companies, including in gaming, esports and internet infrastructure. Russia has called its actions in Ukraine a "special operation." read more

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Reporting by Chavi Mehta in Bengaluru; Editing by Shailesh Kuber

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