Microsoft plays down LinkedIn China closure
Date:
Mon, 18 Oct 2021 10:18:26 +0000
Description:
LinkedIn wont cut its investment in China, but will increase it, Microsoft says.
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LinkedIn has declared plans to keep operating in China, despite a planned shutdown of its main web offering.
In an official statement, the Microsoft-owned site said that due to a significantly more challenging operating environment and greater compliance requirements in China, it is forced to turn off its global site in the country.
In its place, it will instead run a site simply hosting job listing boards, and nothing else. These are the best VPN providers for China Here's our take on the best VPNs for Hong Kong Also, check out our list of the best VPN services around
However, more details have now come to light following after the companys president for China, Lu Jian, took to social media to play down the
importance of the change.
The reports of my death are greatly exaggerated, The Financial Times cited Jian as saying. LinkedIn has made strategic adjustments, he said, which were needed to create new products. It would fully use its international platform to help business owners and workers find each other, and will continue
helping Chinese firms connect with global business opportunities.
LinkedIn wont cut its investment in China, it will increase it. We wont cut employees and we definitely wont leave the country, he added. China controversy
Following drop-outs by other rivals, LinkedIn had been one of the last
Western social media networks left standing on the Chinese market.
Analysts have said that Microsoft was forced to weigh between remaining operational in China, and adhering to its core values, and, in order to keep its brand image intact, tilted towards the latter.
The US government has also commented on the move, the FT reported, saying Microsoft did well to scale back, adding that China forces companies to be complicit in its repression and authoritarian practices.
At the moment, LinkedIn claims to have 54 million Chinese users, up from 51 million a year ago. It employs a total of 260 people, 40 of which joined the Beijing and Shanghai offices in the past four years. Here's our rundown of
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Via: The Financial Times
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Link to news story:
https://www.techradar.com/news/microsoft-plays-down-linkedin-china-closure/
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