Microsoft's Chinese joint-venture set to halt operations, lay off staff
- Shanghai Wicresoft Co, a Microsoft joint venture, will cease China operations today, per reports.
- Microsoft decided to end outsourcing after-sales support to Wicresoft in China.
- The closure may cause layoffs for the 2,000-member Microsoft outsourcing team, according to Caijing.
- Wicresoft's email stated termination is due to 'geopolitical shifts' and changes in the global business environment.
- The closure raises questions about Microsoft's service to China-based users, as Microsoft pulls back.
15 Articles
15 Articles
Microsoft 'shutters JV operation in mainland'
Reuters and staff reporter Microsoft's joint venture Wicresoft will cease its China operations from today, a move that will lead to the layoff of about 2,000 staff, Chinese media reported yesterday, citing sources. A screenshot of an internal email leaked on the internet, meanwhile, indicated...
Microsoft venture Wicresoft to halt China operations, lay off staff
BEIJING: Microsoft's joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff of about 2,000 staff, Chinese media outlet Caijing reported on Monday, citing sources. © New Straits Times Press (M) Bhd
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