Upwork Suspends Operations In Russia

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Upwork Suspends Operations In Russia

Upwork suspends operations in Russia and Belarus and donates over a million dollars for Ukrainian relief efforts.

How to Get Your Suspended Upwork Freelance Writing Account Unsuspended!


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5 Types of Clients To Avoid On Upwork (Watch Out For These Massive RED FLAGS ��)


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Upwork Ban in Russia


Freelancing platform Upwork Inc withdrew its forecast for the year on Monday after suspending services in Russia and Belarus, citing risk and uncertainties as Moscow’s invasion of Kyiv escalates.
Shares of San Francisco, California-based Upwork, which operates a work marketplace that connects businesses with freelance writers, journalists and other professionals, were down nearly 10%.
Upwork said it had already incurred unplanned expenses and expects to incur additional costs which, along with the decrease in activity, would impact first-quarter and 2022 revenue and core profit.
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About 10% of Up work’s total revenue in 2021 came from work where either the talent or the client was located in the region, with Ukraine representing about 6% and Russia and Belarus combined bringing in the rest.
Upwork said it had seen a meaningful decrease in activity from talent in the region, most notably in Ukraine, since the beginning of the invasion in late February 2022.
The company said it will stop taking in new business, while previous accounts will be disposed of by May 1.
From Apple to Nike, scores of companies have severed connections with Russia following its invasion of Ukraine, as western nations impose sanctions, including shutting out some Russian banks from the SWIFT global financial network.

Upwork, formerly Elance-oDesk, is an American freelancing platform. In 2015, the Elance-oDesk merger was rebranded as Upwork and the company’s full name is now Upwork Global Inc. Upwork is currently based in Santa Clara and San Francisco, California

The Russo-Ukrainian War is an ongoing war primarily involving Russia, pro-Russian forces, and Belarus on one side, and Ukraine and its international supporters on the other.

Upwork CEO on Breaking Ties with Russia


Upwork CEO Hayden Brown joins Emily Chang to talk about their decision to pull out from Russia and Belarus in the midst of the invasion of Ukraine, and responds to the backlash the company received, with many saying the move punishes Russian freelancers who have nothing to do with the war and rely on the platform to make a living.

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