TikTok Layoffs: ByteDance-Owned Platform To Announce Massive Job Cuts, Likely To Slash 1,000 Roles, Says Report
TikTok will likely lay off around 1,000 people from its global operations team, affecting departments like operations, content and marketing. The ByteDance-owned platform reportedly cut 250 employees in Ireland and this will be the second round of of TikTok layoffs in 2024.
Mumbai, May 22: TikTok is the next in line to announce significant layoffs in the tech industry after Meta, Google, Amazon, Paytm and others. TikTok layoffs will be global and affect multiple departments. According to a report, the layoffs will affect nearly 1,000 employees worldwide. The company intends to disband its global team that handles user operations and communications.
The Information reported that the employees at TikTok told that the company was planning to announce significant layoffs from operations and marketing. The exact numbers of the affected people could not be known, said the report; however, the employees said it could be as high as 1,000. The report also highlighted that the TikTok layoffs would be carried out globally, affecting operations, marketing and content and disbanding the global operations team. Pixar Layoffs: Pixar Animation Studios To Lay Off 14% of Its Workforce As Par of Broader Retrenchment To Stop Making Original Series for Disney+ and Focus on Feature Films.
The TikTok global operations team handles user support, user communications, and other operations. According to The Information, after carrying out TikTok layoffs, the remaining team members will be assigned to the company's trust and safety, content, marketing, and product teams.
TikTok layoffs in April 2024 affected 250 people in Ireland. The company was expected to cut nearly 300 roles amid the restructuring exercise. Some TikTok employees also criticised the company for "insensitive handling" of the layoffs as it did not give them any hints. According to a previous report, the layoffs at TikTok were anticipated to affect Ireland's Training and Quality teams. The company reportedly aimed to enhance the quality assurance process by taking this decision. The report mentioned that TikTok would still hire in Ireland as it considered the country as important. Walmart Layoffs Continue: Retail Giant To Lay Off 318 Employees at Edgerton Warehouse As It Moves Distribution Operations to Topeka in US.
Recently, TikTok faced a major problem as the U.S. Senate passed a bill that offered two options to the platform - face ban or divest. TikTok was given nine months to divest the U.S. assets of the short-video app or face a nationwide ban. The TikTok ban bill was introduced in the United States because of concerns that the Chinese government could access sensitive user data through TikTok which is owned by ByteDance.
(The above story first appeared on LatestLY on May 22, 2024 11:43 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).