TikTok-owner ByteDance cuts lots of of jobs in China: Report | World Information
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ByteDance, the Chinese language guardian firm of video app TikTok, has laid off lots of of workers throughout a number of departments on the finish of 2022 as a part of a cost-cutting measure, the South China Morning Put up reported on Tuesday.
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The job cuts have been applied at Douyin, the Chinese language equal of TikTok with about 600 million day by day customers, in addition to the corporate's gaming and actual property operations, SCMP reported citing sources.
The job cuts characterize a small proportion of ByteDance's workforce, the report added.
ByteDance didn't instantly reply to Reuters' request for remark.
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