Microsoft joint venture Wicresoft to lay off 2,000 employees in China

Microsoft's joint venture in China, Wicresoft, is set to cease operations, impacting around 2,000 employees. This decision aligns with Microsoft's strategy to discontinue outsourcing after-sales support in the region. The move occurs amid rising US-China tensions and increasing competition from local rivals, raising questions about Microsoft's future service approach in China.

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