Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs.
The Beijing research centre is Yahoo's only remaining
physical presence in the country after it sold its Chinese operations to
Alibaba in 2005.
A spokesperson said "around 350 jobs" would be eliminated.
"We are constantly making changes to align resources, and to
foster better collaboration and innovation across our business," Yahoo
said in a statement.
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