secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2022-03-04T23:59:59+00:00
Accession:  0001352010-22-000026
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EPAM discontinues services to Russian customers, commits $100M to Ukrainian employees
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201022000026/0001352010-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201022000026/epam-20220304.htm
  HTML page:      https://secwatch.observer/filing/0001352010-22-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer