Microsofts trading volume ranks sixth as it exits China with 2000 layoffs

On April 7, 2025, Microsoft (MSFT) experienced a decline of 0.55%, marking its fourth consecutive day of losses, with a total decrease of 6.37% over the past four days. The company's trading volume reached 178.00 billion, placing it sixth in the day's market activity.

Microsoft's joint venture, Wicresoft, is set to exit its operations in China starting from April 7, 2025. This decision will result in the layoff of approximately 2,000 employees, reflecting Microsoft's broader strategic withdrawal from the Chinese market. The move is seen as a response to increasing trade pressures and regulatory challenges in the region.

Microsoft's decision to cease operations in China is part of a larger trend of tech companies reassessing their presence in the country due to escalating trade tensions and regulatory scrutiny. The closure of Wicresoft's operations in China underscores the challenges faced by foreign companies operating in the region, as well as the potential impact on Microsoft's global strategy.