ByteDance Announces Layoffs Across Different Platforms


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ByteDance has laid off hundreds of workers across multiple departments, the media reported. The layoffs affected employees at Douyin, the Chinese version of TikTok with 600 million daily active users, as well as its gaming and real estate operations, reports the South China Morning Post, citing sources. The lay-offs at ByteDance were first reported by Chinese media outlet Jiemian. The New Year will now be critical for ByteDance, as it faces political uncertainties amid national security concerns over TikTok in the US. TikTok has been facing intense scrutiny in multiple countries, and most of them has referred to India’s blanket...