TikTok is cutting jobs around the world
Some TikTok employees have already lost their jobs, while others are told to prepare for a meeting with the HR department as part of the video platform's global restructuring efforts,reports. According to the publication, European employees were warned that their jobs were at risk and to expect an HR meeting in the coming weeks. Meanwhile, employees in the UK were told to expect colleagues across departments to lose their jobs.
One of those US employees was David Ortiz, who was among the first executives TikTok parent company ByteDance hired outside of China. In a , Ortiz said that his"role is being eliminated in a much larger re-organization effort." A TikTok spokesperson did not deny that layoffs were taking place whenasked. However, they also didn't confirm that the company is going through a global restructuring and didn't provide the publication with a detailed statement on why TikTok is cutting jobs.
A staffer who talked to the publication said the company is only cutting employees and teams that managers believe haven't been contributing enough. They claimed that only 100 employees are being laid off, which is but a small percentage of around 10,000 employees across the US and Europe. That said, TikTok is merely one of the companies in the big tech, gaming, AV/EV and social media sphere that's downsizing its workforce.
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