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Microsoft To End China Joint Venture Wicresoft, Axe 2,000 Jobs

Summary

Microsoft's China operations to be dumped by joint venture Wicresoft, downsizing 2,000 staff. Move coincides with geopolitical tensions and concerns about AI and semiconductor tariffs.

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Article published on April 7, 2025 by benzinga

Microsoft To End China Joint Venture Wicresoft, Axe 2,000 Jobs | MSFT Stock News | Candlesense