April 7, 2025, 2:08 pm
In a decisive shift prompted by mounting U.S.–China tensions, Microsoft’s joint venture Wicresoft is set to cease operations in China, resulting in the layoff of approximately 2,000 workers. The exit marks a significant retrenchment as the company rethinks its outsourcing strategy in the region. Analysts suggest that this move reflects broader geopolitical pressures impacting international tech operations, with companies increasingly reassessing their global footprint in the face of rising trade and security concerns.
Microsoft has shut down its China joint venture Wicresoft, laying off 2,000 workers as part of a broader retreat amid rising U.S.-China tensions. The post Microsoft’s Wicresoft to Exit China, Cutting 2,000 Jobs as Outsourcing Ends appeared first on WinBuzzer.
Wicresoft, founded in 2002, was Microsoft’s first joint venture in China and employs over 10,000 people globally.
2 stories from 2 sources in 9 days ago ... #techpolicy #china
US considers blocking DeepSeek over China data security concerns (1 hour ago)
Douyin and Tencent Help Boost Chinese Export Strategies (2 hours ago)
TSMC Q1 Earnings Beat Boosts Profit Amid Surging AI Demand (2 hours ago)
Douyin and Tencent Help Boost Chinese Export Strategies (2 hours ago)
Trump Tariff Actions Shake Temu Pricing and Ad Strategy (11 hours ago)
Nvidia faces impact as export restrictions stir U.S.-China chip tensions (15 hours ago)
Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.