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: 1区2区视频 | 久久久黄色片 | 男人日女人免费视频 | 亚洲欧美激情精品一区二区 | 国产a精品| 国产第5页 | 五月天中文字幕mv在线 | 天天久久综合 | 一级大毛片| 夜夜爽夜夜操 | 日韩久久久久久久 | 在线97 | 毛片手机在线观看 | 亚欧三级 | 午夜精品久久久久久久99黑人 | www.中文字幕在线观看 | 国产 日韩 欧美 成人 | 日韩第一视频 | 国产精品视频久久久久 | 毛片视频在线免费观看 | 亚洲欧美日韩另类 | 久久久久网站 | 亚洲一区久久久 | 日本精品久久 | 国产又黄又粗又猛又爽的 | 伊人五月婷婷 | 久热中文 | 国产粉嫩 | 青青草国产在线视频 | 国产成人av一区二区三区在线观看 | 天堂久久精品 | 成人极品视频 | 在线免费亚洲 | 欧美性综合 | 在线看v | 色亚洲视频 | 91蝌蚪在线 | 亚洲一区二区自拍 | 99精品国自产在线 | 视频在线一区 | 一区二区美女视频 |