US Software Firm SAS Exits China After 25 Years (scmp.com)
- Reference: 0179985116
- News link: https://news.slashdot.org/story/25/11/06/1612213/us-software-firm-sas-exits-china-after-25-years
- Source link: https://www.scmp.com/tech/tech-trends/article/3331099/us-software-firm-sas-exits-china-after-25-years-lays-about-400-staff
> US software company SAS Institute has [1]withdrawn from mainland China and dismissed its local staff, according to a Beijing-based employee affected by the move, as the analytics specialist ended more than two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.
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> "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.
[1] https://www.scmp.com/tech/tech-trends/article/3331099/us-software-firm-sas-exits-china-after-25-years-lays-about-400-staff
They are probably not needed anymore (Score:2)
With all the "China bad!" mind-set, China has managed to leave the west behind in many things. Not that I think this is a good thing, but it is a fact and ignoring facts does NOT make things better, even if many people seem to believe that.
The rich sold the US out (Score:2)
For quick profits, the rich gave all of the US's technology away. This has not been a Democrat or Republican choice. This has been a Democrat AND Republican choice. They fucked us, and they're sipping their martinis on yachts in Monaco right now. All I can say about Steve Jobs is that I'm glad that motherfucker got cancer and died, and I hope that the rest of these rich assholes get the same and worse.
So China is protectionist for real (Score:1)
Their government builds up local industries and squeezes out foreign industries. They're not doing this out of the kindness of their hearts or because they care about their workers, the Chinese government could not care less about anyone or anything except themselves and power they are fascists.
A century or two ago European countries and America engaged in heavy duty colonialism using military force. After the world wars we stopped using military force and switched to economic Force. China does that now