U.S. Software Giant SAS Exits China, Lays Off 400 Employees
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On November 4 — U.S. software giant SAS Institute has announced its complete withdrawal from the Chinese market after 25 years of operation, laying off all 400 ...
On November 4 — U.S. software giant SAS Institute has announced its complete withdrawal from the Chinese market after 25 years of operation, laying off all 400 local employees. The decision was communicated internally on October 30 via email, followed by a brief video meeting where company executives thanked the China team for their contributions, calling the move part of a broader “organizational optimization.”
An SAS spokesperson confirmed that the company will cease direct operations in China but will continue to serve local clients through third-party partners. According to the severance plan, all employees must sign their termination agreements by November 14. Each will receive compensation based on the formula “N+2” — one month’s pay per year of service plus two additional months of salary — along with year-end bonuses and wages guaranteed through the end of 2025.
SAS’s simplified Chinese website has already been taken offline, and its job postings no longer include China-based positions. Founded in 1976 and headquartered in Cary, North Carolina, SAS specializes in data analytics and business intelligence solutions. Since entering China in 1999, the company has been named one of China’s “Best Employers” for 17 consecutive years.
Source：Mydrivers
