Coke, McDonalds and Starbucks suspend their Russian operations
McDonald’s said it was temporarily closing all its 847 restaurants in Russia and 100 restaurants in Ukraine but continued to pay its staff, which contributed an annual revenue of $2 billion. Burger King’s President and CEO Chris Kempczinski also confirmed it would continue to pay its 62, 000 Russian workers but said “ Our values mean we cannot ignore the needless human suffering unfolding “.
Starbucks Corp and Coca-Cola suspended all business activity in Russia.
Coca-Cola said: “ Our hearts are with the people who are enduring unconscionable effects from these tragic events in Ukraine”.