other material
confidence high
sentiment neutral
materiality 0.75
EPAM discontinues services to Russian customers, commits $100M to Ukrainian employees
EPAM Systems, Inc.
- EPAM will discontinue services to customers located in Russia; no government work in Russia.
- Commits incremental $100 million humanitarian commitment to support 14,000 employees in Ukraine and families.
- Actively evaluating other regional operations; remains in full compliance with all sanctions.
- Accelerating hiring across Central/Eastern Europe, Latin America, and India for business continuity.
- Continues to operate in over 40 countries with ample resources to support delivery.