acm-header
Sign In

Communications of the ACM

ACM TechNews

Russia Sees Tech Brain Drain, Other Nations Hope to Gain


View as: Print Mobile App Share:
people walking on a street in Moscow at night

Tens of thousands of technology workers are fleeing Russia as the economy goes into a tailspin under pressure from international sanctions.

Credit: Getty Images

Some countries view the exodus of technology workers from Russia as an opportunity to refresh expertise in their own high-tech industries.

One estimate suggested as many as 70,000 computer specialists have left Russia since the start of its invasion of Ukraine, departing for Latvia, Lithuania, Armenia, Georgia, and elsewhere. The Russian Association for Electronic Communications' Sergei Plugotarenko said another 100,000 tech workers might leave in April.

"The more talent that Europe or the U.S. can take away from Russia today, the more benefits these new innovators, whose potential will be fully realized abroad, will bring to other countries," said Konstantin Siniushin, managing partner at Untitled Ventures, a tech-focused venture capital fund based in Latvia.

From Associated Press
View Full Article

 

Abstracts Copyright © 2022 SmithBucklin, Washington, DC, USA


 

No entries found

Sign In for Full Access
» Forgot Password? » Create an ACM Web Account