Microsoft’s China Exit: Wicresoft Shuts Down, 2,000 Jobs Lost in Trade War Fallout

Microsoft-backed Wicresoft has shut down its China operations, laying off around 2,000 employees, citing rising geopolitical tensions and global business challenges. The sudden closure of its Shanghai office marks another blow in the growing tech decoupling between the US and China. This move follows Microsoft’s earlier shutdown of its AI lab in Shanghai, signaling escalating trade disputes and deepening cracks in US-China tech relations.

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