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Oracle Closes China R&D Center Amid Increasing Competition

Oracle Closes China R&D Center Amid Increasing Competition

Publicerat av Tony Harkén onsdag, 08 maj 2019.

US technology company Oracle Corp on Tuesday confirmed it would lay off nearly 1,000 employees after reportedly closing its research and development (R&D) center in China, said media reports.

Analysts said the increased costs of talent and rising competition from local technology companies have made it hard for Oracle to thrive in the Chinese market. 

Read more at - Oracle Closes China R&D Center

Publicerat av

Tony Harkén

kina

Klockan i Hong Kong, Kina

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