After years of overseas expansion, NetEase (NTES) CEO William Ding has slashed hundreds of jobs at the company, closed or idled game development studios, and curtailed international investment as he refocuses on a smaller portfolio of games, Bloomberg reports. Ding, a billionaire, has recently reasserted his leadership with a series of major decisions over the past year, the report says, citing people familiar with the company’s inner workings.
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