NetEase downsizes some projects amid China’s regulatory crackdown – SCMP
(Reuters) – Chinese gaming company NetEase Inc has downsized some of its studios and projects started in early September amid a regulatory crackdown by Beijing on the video gaming sector, the South China Morning Post reported on Tuesday, citing people with direct data of the matter.
The report talked about that dozens of employees, which embody programmers, designers and creative artists on the agency’s Shanghai and Hangzhou locations of labor, had been taken off their genuine jobs and instructed to seek for new assignments inside and outdoor NetEase.
However, no employees have been formally far from their jobs, the report added.
NetEase did not immediately reply to a Reuters request for comment.
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