Copypaste so you don't have to visit the allkpop shit website:
"After hours of silence, SM Entertainment has finally sent out their official position or statement regarding the whole situation with Jessica and Girls' Generation, revealing that Girls' Generation will be active as 8 members as Jessica has chosen to halt her team activities.
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The statement reads,
"Hello. This is SM Entertainment.
We are offering our position on the words on Jessica's Weibo posted today.
This coming spring, due to her personal situation, she has notified us she will halt her team promotions with the release of one [more] album.
Despite Jessica's sudden notice, the agency and the Girls' Generation members tried our best and tried to figure out a way that Girls' Generation's activities can continue in the best possible direction.
However, in the midst of insufficient clear negotiations regarding conflicts of differences in priorities and interest, Jessica started her fashion business. Due to this, despite ongoing talks, it has come to a point where the team could not be maintained.
Thus, the agency had no choice but to pull up Girls' Generation's activities as 8 members earlier than planned, and in the midst of while working out when to announce this, Jessica had posted her words early this morning.
From here on, our agency will continue to support and manage the 8-member Girls' Generation and Jessica's individual activities."
This sounds as if SM is massively butthurt about this thing and pulls off another "oh Jessica is the jerk, but we here all try to make the best of it ;_;" bullshit.