Professional social network LinkedIn announced on Tuesday that it is shutting down its last app available in China, after its US owner Microsoft cited a “fierce competition” and a “difficult macroeconomic climate”.
The computer giant was one of the few US companies to have managed to establish a social network in China, despite censorship and strict local regulations.
Microsoft offered a specific version of its professional network in the Asian country, complying with the draconian rules through a local joint venture.
In 2021, the company returned its application LinkedIn inaccessible in mainland China citing a “challenging operating environment” and “higher regulatory compliance requirements.
He then replaced it with a simplified local version called InCareerwhich allowed local professionals to continue to find and apply for jobs, as well as stay connected to their network.
“After careful consideration, we have made the decision to close InCareer effective August 9, 2023.“, advertisement LinkedIn Tuesday in a statement.
“Despite our initial progress, InCareer faced fierce competition and a difficult macroeconomic climate, which ultimately led to our decision to discontinue service.in China, he added.
An email from the CEO ryan roslanskyposted online, added that leaving China would imply “a reduction in positions for 716 employees.”
The American network had rapid growth in China, although LinkedIn has been increasingly cornered in recent years, amid a multitude of innovative local applications.
Most of the American multinational internet companies, such as Facebook, Twitter, Instagram or YouTube, are blocked in China, due to strict local legislation and not always clear guidelines.
Source: AFP
Source: Gestion
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