According to an employee of the American software company SAS Institute in Beijing, after operating in China for 25 years, the company has completely withdrawn from the Chinese market and laid off all 400 employees. It is reported that SAS announced the news via internal email on October 30 and held a brief video conference.
At the meeting, SAS executives thanked Chinese employees for their contributions and saidThe exit was the result of "organizational optimization."
A SAS spokesperson said: "SAS will cease direct business operations in China. This decision reflects a broader shift in the way we operate globally and is designed to optimize our business layout and ensure long-term sustainable development."
The spokesperson also confirmed that it will continue to conduct business in China through third-party partners.
SAS has approximately 400 employees in China and will lay off all employees without leaving a single one, and requires every employee to sign a separation agreement before November 14.
According to the compensation plan, each employee will receive a corresponding number of months' salary based on their working years, plus two months' salary, which is N+2, as well as a year-end bonus and salary until the end of 2025.
Currently, the SAS simplified Chinese official website has been offline, and recruitment positions no longer include China.
SAS Institue was founded in 1976 and is headquartered in Cary, North Carolina, USA. It provides full-process solutions for data management, statistical analysis, predictive modeling, data mining, and business intelligence. Microsoft, Google, Amazon, Red Hat and other giants are its service customers.
SAS entered the Chinese market in 1999 and established a R&D center and user support center in Beijing in 2005. It has been rated as China's "Best Employer" for 17 consecutive years, and its generous employee benefits and corporate culture have been highly praised.
