One of the world’s largest engineering consultancies has joined the growing list of architecture firms ceasing activities in Russia in protest of the country's military invasion of Ukraine after AECOM announced it will be halting its operation in Russia effective immediately.

Speaking in a press release, AECOM said its goal was to “ensure the  safety, security, and well-being of our teams throughout the region.” The firm indicated that the financial impacts resulting from their actions would be in the $40 to $50 million range limited to the second quarter of the fiscal year only. A $10 million total cash loss is expected as well. The firm currently employs about 350 workers across two separate offices in St. Petersburg and Moscow.

“We support the people of Ukraine who are facing tremendous suffering as a result of Russia’s unlawful invasion,” AECOM CEO Troy Rudd said in a statement. “Russia’s actions are inconsistent with AECOM’s values and have compromised the business environment for AECOM, our clients, and our joint activities in Russia. For AECOM, the impact of these actions is particularly unfortunate for our colleagues from our Russia business, and we have taken steps to provide them support during this transition.”

AECOM’s regional chief Colin Wood added to the company’s official statement via a post on LinkedIn, thanking workers for their “hard work and dedication” and commending them for their delivery of “some fantastic projects.”

In total, the Dallas-based firm has completed more than 2,000 such projects in the country since the beginning of the 2000s.

AECOM did not share any contingencies as to a return to business should the war end eventually.