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Microsoft JV Wicresoft to cease China operations, lay off 2,000, Reuters reports

Microsoft’s (MSFT) joint venture Wicresoft will cease its China operations from Tuesday, a move that will lead to the layoff of about 2,000 employees, Reuters reports, citing Chinese media outlet Caijing. The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft, according to Caijing.

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