Freelancer, an ASX-listed company, is listed as “still operating in Russia” on an engagement tracker run by Yale University.
, Herbert Smith Freehills, Qantas and Rio Tinto are listed as either having suspended operations or withdrawn from Russia.The institute defines “buying time” as “companies pausing new investments/minor operations in Russia but largely continuing substantive business in Russia”.
The company, in a March 7 post titled “In relation to recent events in Eastern Europe”, said transactions using the Russian rouble and Russian-issued cards were no longer allowed due to limitations placed by its payment processing partners. “We are closely monitoring the situation 24/7 and will provide utmost help and support possible to the impacted users on our platform.”Sydney-based software executive Uri Levitsky, part of a “rag-tag group” of Ukrainian expats monitoring Australian companies in Russia following the invasion, said more than 14,000 Russian-based freelancers were available for work on the Freelancer website.
Mr Levitsky, who grew up in Kyiv, said Freelancer could have benefited from the fact its competitors, like Upwork, had exited the Russian market.Mr Barrie said while the company had not delisted the 14,000 Russian-based freelancers, they could not get paid out.
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