Thursday, March 17, 2022
HomeAdvertisingPublicis Groupe exits Russia by ceding administration to locals

Publicis Groupe exits Russia by ceding administration to locals


First WPP, then IPG — and now Publicis Groupe is pulling out of Russia by stopping its enterprise and investments and handing over management of its Russian operations, which has 1200 staff, to Sergey Koptev, founding chairman of Publicis in Russia, with the clear contractual situation of guaranteeing a future for workers there.

Arthur Sadoun, CEO & chairman of Publicis Groupe, stated: “For the reason that begin of the invasion, we have now been engaged on exiting Russia as we strongly condemn the unilateral aggression in opposition to Ukraine. We had been dedicated to taking robust actions that absolutely reply to the gravity of the state of affairs. However we had been decided to take the mandatory time to return with an answer that was actually people-first, as a result of our 1200 staff in Russia are our folks too. We couldn’t simply abandon them. By ceding management of our Russian operations to Sergey, we’re securing a future path for our colleagues whereas instantly stopping all of our operations, engagement and funding in Russia.”

Publicis additionally restated its dedication to the protection of its folks and their households in Ukraine, promising to assist convey them safety, relocation and monetary help in no matter means they’ll.

Sadoun added: “The security of our folks in Ukraine stays our primary focus. We’re in each day contact with all 350 of them on a person foundation and doing all the things we will to guard them. From safety alert programs, to psychological and psychological well being help, to assist with visas, or guaranteeing salaries for everybody for your complete yr, we are going to proceed to face by their aspect, be exhaustive within the options we convey and instant within the help we offer”

 

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