Suspension of Business Operation of Upwork in Russia: A Tech Company Offering Help to Ukraine
The war between Russia and Ukraine affects the different
dimensions of the business and global economy. Recently, Upwork has announced the suspension of all its business operations
in the nation of Belarus and Russia.
This is the
criticism of the military actions of Russia against Ukraine. This step has been
perceived as providing some relief to Ukraine. The company, Upwork, is
extending support to the Ukrainian government with donations for providing
relief to the masses affected by the war. The company has made a set of
announcements contributing to the war of Russia and Ukraine without engagement
in any war actions.
The present
blog is investigating the company's actions, Upwork, along with the
announcements made by this company with suspending operations in Russia.
Moreover, the impact of the suspension of business operation international
students is also discussed in the blog.
How does the platform of Upwork
work?
Upwork is a
marketplace provided to freelancers in the different domains of web
development, writing, and graphic designs. In addition, the company has been
offering assistance to professionals in finding the different projects and
facilitating communication with the clients for offering services. As a result,
it has been standing as one of the biggest freelancing platforms around the
globe.
A platform for
freelancers: The Upwork provides a platform for freelancers to connect with
potential clients for their services.
Easy and
Effective: This company
has been offering convenient opportunities to freelancers who can choose to
work from Upwork in the different categories of IT and networking, writing,
translation, web, admin support, sales and marketing, and so on.
Worth of Upwork: It is a worthy
place for freelancers seeking freedom while working around the globe. It allows
the freelancers to get paid for their work and develop networking with new
clients. In addition, freelancers can start working with a robust profile
providing the resume for their respective employers.
Opportunity to
connect with diverse clients: This platform has provided the remote possibility of
working without the restriction of geographical area. Therefore, the
freelancers and the clients get an opportunity to connect to get the best
services.
Why has Upwork suspended its
operation in Russia?
The global
finance platform of Upwork has taken the action of suspending all its business
operations in Russia. This action is the response to the demand of public
sentiments and lawmakers against the invasion of Russia in the regions of
Ukraine.
Severe
criticism of actions of Russia: The chief executive of the company has pointed out
that the unprovoked war of Russia against the masses of Ukraine is neither
appreciable from an operation perspective nor the corporate value perspective.
Joining the
world community: Upwork has announced the suspension of the operations in Russia as an
action to join the world community. Other companies have also been taking
initiatives to directly support relief work in the nation Ukraine and protest
against the aggressive steps of Russia.
Impact of
pressure exerted by Ukraine: The companies like Upwork is a direct response to the
pressure exerted by the minister of digital transformation of Ukraine on the
various tech companies.
Loss of
livelihood: This type of action of the tech company affects the livelihoods of many
of the freelancers of Russia who were relying completely on these companies for
their survival. This is a strategy of hitting the government for its brutal
actions against other nations. More than a figure of 10, 000 of the gig workers
of Russia will be affected by this action.
Suspension in
stages: Suspension of
the company's operations has been proceeded in stages to ensure the avoidance
of any disruption in the currently contracted work. This measure has been taken
not to affect the freelancers or clients who were already engaged with each
other before the suspension announcement.
The full effect
of suspension from May 1, 2022: Upwork has provided the time to the freelancers and
clients for issuing the final billing and closure of any currently existing
contracts by the date of May 1, 2022. The suspension will have its full effect
from this particular date.
Actions
of Upwork for assisting Ukraine in the Russian-Ukraine war
The Upwork has been focusing on the suspension of its operations in
Russia and is also working towards extending support to Ukraine. The company
has made some of the major announcements in order to assist Ukraine and allow the nation to take a strong stand against Russia.
Big donation:The company has
announced a donation of $1 million to Direct
Relief International for extending its support to the masses of Ukraine.
Enhancements of product:
Another announcement of Upwork is the product enhancement to ensure the
freelancers preserve their careers. The company has been considering protecting
the career of these freelancers who have worked progressively to establish themselves
but are not able to work in the current situation.
Programs for clients:Upwork
has launched new programs to ensure the maintenance of the relationship of the
existing clients with the Ukrainian freelancers. This initiative is associated
with providing financial assistance to the talent residing in Ukraine.
Aiding humanitarian relief:The
company has also started $100,000 matching programs to ensure the donations
with the team members of Upwork. These donations will be utilized for assisting
with the humanitarian relief work of Ukraine.
Impact of this suspension on
international students
Many
international students considered freelancing a rescue to their financial
condition. The suspension of the business operation of Upwork in Russia will
affect the international students once the colleges resume.
Restriction
with student visas: Many nations do not allow students to work as
freelancers on a student visa. However, Russia has provided a special permit
for international students to work legally in the nation.
Suspension of
Upwork: The halt on
the operation of Upwork in Russia can affect many international students
engaged in freelancing work with this platform. This action will put them in a
financial crisis.
Uncertainties
around the return of business operation of Upwork: There is no certainty concerning
the return of the business operation of Upwork in Russia. This is not only
affecting the population working as freelancers in Russia but also the
international students.
Russia has been facing
consistent criticism for its military actions in the regions of Ukraine. The
criticism has been following up different strategies and actions by nations and
companies to pressure Russia to stop the war immediately. The different
strategies include a ban on the Russian commodities import and suspension of
the functioning of business operations are among the significant steps of the
world community. These steps directly affect the national economy and have a
significant impact on the overall global economy. The companies like Upwork are even
working progressively to provide donations and relief to the population of
Ukraine. A donation of $1
million to Direct Relief International has also been announced by Upwork recently.
Conclusion:
Making a
perfect lesson plan can help the students learn the concepts more effectively.
Many of the students face issues while dealing with the daily assignments given
for evaluation purposes. If you require immediate accounting
assignment help from reliable experts, MyAssignmentHelpAu is the ideal option for you.
We provide the best Assignment Help Australia services to the students
struggling to manage their time between their classroom lessons and home
assignments.
Comments
Post a Comment