Microsoft joint venture Wicresoft to lay off 2,000 employees in China
Microsoft’s joint venture in China, Wicresoft, is set to cease its operations in the country starting Tuesday (April 8), a report has said, adding that the decision by Wicresoft to shutter its China operations aligns with Microsoft’s broader strategy to discontinue outsourcing after-sales support in the region to the joint venture. Citing sources familiar with the matter, Chinese media outlet Caijing (via Reuters) said that this move will result in the layoff of approximately 2,000 employees.
This development has raised questions regarding the future approach of the US technology giant in providing services to its China-based users of popular software products like Windows and Office, the report added.