Feed: Slashdot
Feed Link: https://slashdot.org/
---

Title: US Software Firm SAS Exits China After 25 Years

Link: https://news.slashdot.org/story/25/11/06/1612...

An anonymous reader shares a report: US software company SAS Institute has
withdrawn from mainland China and dismissed its local staff, according to a
Beijing-based employee affected by the move, as the analytics specialist
ended more than two decades of operations amid intense domestic competition
and geopolitical tensions. The company on Thursday announced the lay-offs via
an email and hosted a short video call, in which executives thanked local
employees for their contribution and cited "organisational optimisation" for
the exit, according to the employee. "SAS is ceasing direct business
operations in China," an SAS spokeswoman said on Friday in response to the
Post's inquiry. "This decision reflects a broader shift in how we operate
globally, optimising our footprint and ensuring long-term sustainability."
The company would continue having a presence on the mainland via third-party
partners, according to the spokeswoman.

Read more of this story at Slashdot.

---
VRSS v2.1.180528