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[ Sat, Feb 22nd 2025 ]: AOL
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Fri, February 21, 2025
[ Fri, Feb 21st 2025 ]: Inc
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[ Fri, Feb 21st 2025 ]: jacobin
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[ Fri, Feb 21st 2025 ]: Politico
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[ Fri, Feb 21st 2025 ]: Salon
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[ Fri, Feb 21st 2025 ]: CNN
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[ Fri, Feb 21st 2025 ]: manilatimes
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[ Fri, Feb 21st 2025 ]: Fortune
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[ Fri, Feb 21st 2025 ]: Kiplinger
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[ Fri, Feb 21st 2025 ]: Reuters
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[ Fri, Feb 21st 2025 ]: Forbes
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[ Fri, Feb 21st 2025 ]: AOL
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[ Fri, Feb 21st 2025 ]: Fortune
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[ Fri, Feb 21st 2025 ]: MSN
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[ Fri, Feb 21st 2025 ]: Reuters
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[ Fri, Feb 21st 2025 ]: Bloomberg
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[ Fri, Feb 21st 2025 ]: Forbes
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[ Fri, Feb 21st 2025 ]: Reuters
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Thu, February 20, 2025
[ Thu, Feb 20th 2025 ]: MSN
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[ Thu, Feb 20th 2025 ]: MSN
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[ Thu, Feb 20th 2025 ]: Yahoo
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[ Thu, Feb 20th 2025 ]: MSN
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[ Thu, Feb 20th 2025 ]: 7NEWS
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NetEase's Billionaire CEO Slashes Jobs and Games in Profit Push

NetEase, a prominent Chinese gaming company, is undergoing significant restructuring under the leadership of its billionaire CEO, William Ding, to boost profitability. The company has announced layoffs affecting hundreds of employees, particularly in its Blizzard game development team, following the termination of its partnership with Blizzard Entertainment. This move is part of a broader strategy to streamline operations and focus on more profitable ventures. Additionally, NetEase is cutting back on less successful games to concentrate resources on high-potential projects. This overhaul comes amidst a challenging period for the gaming industry in China, marked by regulatory scrutiny and economic pressures, aiming to position NetEase for better financial performance in the future.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/technology/netease-s-billionaire-ceo-slashes-jobs-and-games-in-profit-push/ar-AA1zwXLC ]