Science and Tech

ByteDance, owner of TikTok, lays off hundreds of employees in China

ByteDance, owner of TikTok, lays off hundreds of employees in China

Feishu, a business collaboration tool, which is also owned by ByteDance, was one of the hardest-hit departments, with around 10% of employees being laid off.

The sources, who declined to be named because they were not authorized to speak to the media, said the cuts represent a small percentage of the workforce at ByteDance, a company with more than 100,000 employees around the world.

These layoffs came after ByteDance CEO Liang Rubo told employees at the end of the year that the company needed to “get fit and build muscles,” a phrase he had repeated throughout 2022 to optimize the company’s operations.

However, the decision to cut staff is contrasting, since ByteDance is also in a hiring period, since its website has some 10,000 job offers, which range from engineering to marketing in cities such as Beijing, London and California. .



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