Part 3/17:
This departure underscores a trend of foreign firms reducing their footprint in China, driven by increasingly challenging operational environments. The website for SAS in China has gone offline, and there are no longer job postings for Chinese positions, signaling a complete exit. Historically praised for its corporate culture and employee benefits—being named China’s best employer for 17 consecutive years—SAS’s withdrawal questions the sustainability of foreign businesses that once thrived in the Chinese market.