Tiktok Layoffs 2024 Election. The tiktok layoffs 2024 announcement sent shockwaves through the tech industry, raising concerns about the platform’s future. Tiktok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim jobs in the new year.
The stock of owner bytedance is not traded on any major exchange. According to the information, the layoffs will primarily affect staff in operations and marketing.
Tiktok Is Laying Off Dozens Of Workers In Its Advertising And Sales Unit, Becoming The Latest Tech Company To Trim Jobs In The New Year.
In 2023, tiktok reported having 7,000 employees based in the us, though the anticipated layoffs are expected to occur globally.
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The app also noted it had 150 million users in the states at that time.
Tue, May 21, 2024, 5:22 Pm 2 Min Read.
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Tiktok faces a challenging period as bytedance, its parent company, announces layoffs potentially impacting over 1,000 employees, particularly in marketing and operations.
The News, Disclosed By The Information On Tuesday, Marks A Departure From The Company's Typical Phased Approach To Handling Crises, Focusing Instead On Immediate Cost Reductions.
Before the layoffs in february, tiktok had roughly 3,000 staff in ireland, thanks to a hiring spree of 1,000 jobs announced in 2022.
A Spokesperson For The Company Confirmed That The Social Media Platform Is Cutting 60 Jobs.