LinkedIn Closes Service in China Amid 'Fierce Competition', Cuts Over 700 Jobs
Microsoft-owned LinkedIn was one of the few US technology companies to successfully operate a social media site in China.
Brought to you by Trickyenough
Social networking firm LinkedIn announced Tuesday that it will close down its last service available in China, citing "fierce competition and a challenging macroeconomic climate".
Brought to you by Trickyenough
Microsoft-owned LinkedIn was one of the few US technology companies to successfully operate a social media site in China, where the internet is heavily regulated and censored.
Brought to you by Trickyenough
The company had introduced a unique domestic version of the career networking platform operated locally in order to comply.
Brought to you by Trickyenough
In 2021, new sign-ups for the LinkedIn app in mainland China were suspended by the firm, which referenced a "significantly more challenging operating environment and greater compliance requirements in China".
Brought to you by Trickyenough
Microsoft then replaced it with a simplified version called InCareer, which allowed local professionals to continue to find and apply for jobs as well as stay connected with their network.
Brought to you by Trickyenough
"After careful consideration, we've made the decision to discontinue InCareer effective August 9, 2023," the platform said in a statement on Tuesday.