Owned by China-based ByteDance, TikTok stated that it would cut hundreds of jobs globally without providing a specific breakdown by country. According to the company's website, ByteDance has a workforce of over 110,000 employees located in more than 200 cities worldwide. These layoffs coincide with increasing regulatory pressure on tech giants in Malaysia due to a reported surge of malicious content on social media earlier this year. Read more in our articles including "TikTok, owned by ByteDance, lays off hundreds of employees" and "DJI Osmo Pocket 4P now official in the Philippines".
Owned by China-based ByteDance, TikTok stated that it would cut hundreds of jobs globally without providing a specific breakdown by country. According to the company's website, ByteDance has a workforce of over 110,000 employees located in more than 200 cities worldwide.
These layoffs coincide with increasing regulatory pressure on tech giants in Malaysia due to a reported surge of malicious content on social media earlier this year.
Our coverage of ByteDance layoffs includes: "TikTok, owned by ByteDance, lays off hundreds of employees"; "DJI Osmo Pocket 4P now official in the Philippines"; "Bam Aquino backs School Safety Bill over Video Game Ban". Each article provides unique insights and information.