日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Yahoo to exit from Chinese mainland market

By Emma Gonzalez and Meng Jing (China Daily) Updated: 2015-03-20 07:38

Closure of Beijing R&D center expected to result in as many as 300 job losses

Yahoo to exit from Chinese mainland market

Yahoo president and CEO Marissa Mayer speaks during a keynote address at the International Consumer Electronics Show in Las Vegas on January 7, 2014. [Photo/IC]

Yahoo Inc is set to completely exit from China this year, after the United States-based technology giant said it was shutting its research and development center in Beijing.

The company's decision to end its only physical presence in the Chinese mainland could eliminate as many as 300 jobs, industry sources said on Thursday. Yahoo, however, declined to specify the actual number of jobs that would be made redundant.

"We are constantly making changes to align resources, and to foster better collaboration and innovation across our business. Today (Wednesday) we informed our employees based in Beijing that we will be closing our office there," a statement said.

The workers, mostly engineers, will be relieved from their posts by the end of this month, according to The South China Morning Post.

Richard Kramer, the London-based managing director of Arete Research, an equity research firm, said: "The mainland has not been a major part of Yahoo's strategy for many years, even though the company has good legacy businesses in Hong Kong and Taiwan".

The company's announcement, however, did not surprise most industry experts, as they feel that company has been under increasing pressure from shareholders to reduce costs and improve profits.

Yahoo's other two R&D facilities, one located in its headquarters in California and the other in Bengaluru, India, have also been affected by job cuts in recent months.

Neil Shah, research director at market research firm Counterpoint, said: "The writing was very much on the wall. Since the end of 2013, Yahoo had started scaling down its services in the Chinese mainland and it was about time to reduce the unwanted resources not contributing to any revenues."

This year has been tough for foreign technology companies operating in the Chinese mainland as they face increasing competition from stronger local firms. In February, Microsoft announced that it would close two factories and lay off around 9,000 workers. Also in February, social gaming company Zynga decided to close its studio in Beijing.

Underperforming search business vis-a-vis local firms like Baidu, as well as overall corporate streamlining of operations to close down unprofitable centers, are some of the reasons why Yahoo has decided to close the Beijing office, said Shah from Counterpoint.

Will Tao, an analyst at consulting firm iResearch, said: 'The salary of Chinese developers is now higher than their Indian counterparts. Therefore, it was just a matter of time for it to happen."

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美日韩精品在线 | 国产成人自拍网站 | 日韩av一区二区在线观看 | 久草视频手机在线 | 草草影院国产 | 国产一区二区在线视频观看 | 伊人影院综合 | 91精品国产日韩91久久久久久 | 免费福利视频在线观看 | 黄色av资源| 激情久久综合 | 国产一区二区毛片 | 麻豆免费视频 | 色妞av| 香港之夜完整在线观看 | 四虎影院在线免费播放 | 向日葵污视频 | 欧美精品一线 | 欧美手机在线视频 | 午夜视频免费在线 | 成人网av| 欧美日韩 一区二区三区 | 毛片哪里看 | av性天堂网| 日韩av手机在线免费观看 | av一区不卡 | 中文字幕天堂在线 | 成人在线小视频 | 久久这里只有精品99 | aaaa毛片| 深夜福利一区二区三区 | 黄色免费看 | 国产视频在线观看一区二区 | 久操久操久操 | 午夜影院入口 | 99热这里都是精品 | 91网站在线免费观看 | 欧美aaaaaa | 国产精品久久在线观看 | 国产精品s色 | av超碰|