LinkedIn is the Latest Setback for Western Companies in China
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LinkedIn is out of a job in China.
This week, the popular social media platform announced it's shuttering the Chinese version of its job search app, InCareer, and laying off more than 700 employees worldwide. While LinkedIn is a multi-billion dollar recruitment platform with hundreds of millions of users around the globe, it is facing an increasingly common problem in Silicon Valley: the inability to compete with China's domestic offerings.
Source Fool.com
