Microsoft venture Wicresoft to halt China operations, lay off staff, report says
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Microsoft's joint venture Wicresoft will cease operations in China, resulting in approximately 2,000 layoffs. This decision aligns with Microsoft's strategy to stop outsourcing after-sales support in China. The closure raises concerns about servicing users of Windows and Office products in China. The move comes amid increasing political and trade tensions between the U.S. and China, as well as competition from local firms. Wicresoft, founded in 2002, is Microsoft's first joint venture in China and has a global workforce of over 10,000.
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