TikTok cuts about 60 jobs as January layoffs continue across tech industry
Publishing timestamp: 2024-01-23 18:55:11
Summary
TikTok has confirmed that it is cutting 60 jobs, following in the footsteps of other tech companies such as Amazon, Alphabet, Unity, and Discord who have also downsized at the start of 2024. The job cuts were part of a routine reorganization and affected staff in sales and advertising in various offices. This trend of job cuts in the tech industry has continued from last year. Tencent's Riot Games unit also announced job cuts, and TikTok currently employs around 7,000 workers in the U.S. while its parent company, ByteDance, has a global workforce of over 150,000 employees.
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