trending Market Intelligence /marketintelligence/en/news-insights/trending/px5UBxe5IJ5Q6UY1l3vXAw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Tencent to demote, ax 10% of managers

Mining Exploration Insights - October 2020

Linking Climate Transition Risks and Credit Risks

US Operators Bolster Downward Trajectory for US Cable Capex Forecast

CUSIP Requests Surge in September Led by Higher Corporate and Municipal Totals


Report: Tencent to demote, ax 10% of managers

Tencent Holdings Ltd. is putting about 10% of its managers on notice as the company shakes up its workforce amid a slowdown in growth, Bloomberg News reported, citing people familiar with the matter.

The restructuring will see the tech giant demoting or axing its lowest-performing general managers and promoting its "star performers," the sources said.

The move comes amid concerns about violent content, addiction and health issues among children that led Chinese regulators to curb the release of online games for a nine-month period. China's crackdown on gaming licenses contributed to a 4% year-over-year revenue decline, according to Tencent's 2018 third-quarter results.

Despite three of Tencent's titles receiving regulatory approval after the freeze, analysts believe the exclusion of the tech giant's most popular fighting game continues to hurt its gaming business.

News of Tencent's restructuring comes shortly after JD.com Inc., another Chinese tech giant, announced plans to lay off 10% of its senior executives earlier this year.

Meanwhile, rival tech company Baidu Inc. revealed an executive retirement plan aimed at reinventing its management team.