ByteDance, the Chinese language father or mother corporate of video app TikTok, has laid off masses of staff throughout more than one departments on the finish of 2022 as a part of a cost-cutting measure, the South China Morning Put up reported on Tuesday.
The process cuts were applied at Douyin, the Chinese language identical of TikTok with about 600 million day-to-day customers, in addition to the corporate’s gaming and actual property operations, SCMP reported bringing up assets.
The process cuts constitute a small proportion of ByteDance’s team of workers, the file added.
ByteDance didn’t instantly reply to Reuters’ request for remark.
