Article 583D Yahoo to close Beijing office and leave China in new cost-cutting move

Yahoo to close Beijing office and leave China in new cost-cutting move

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Staff and agencies
from Technology | The Guardian on (#583D)

Tech company announces closure of its research and development office in China, with losses of up to 300 jobs

Yahoo has announced the closure of its last office in China in a new cost-cutting move.

The closure of its research and development in Beijing office will eliminate 200 to 300 jobs, Bloomberg reported, quoting a person familiar with the matter.

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