Chinese Short Video Platform company TikTok is giving pinkslip to less than 1 employees across all division due to financial crunch and may undergo reorganization. TikTok laying off around less than 1% of their work force with various job titles across all department in Ireland with business restructuring to get its business back on track.
TikTok found in 2016 has speciality in Short Video entertainment platform running by current CEO Oscar Pierre. TikTok, whose mainland Chinese counterpart is Douyin, is a short-form video hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which can range in duration from three seconds to 10 minutes.
There was no official communication to us from TikTok but you can always refer TikTok internal gossips and layoff news on our TikTok discussion board.
As per company spokeperson to media, redesign of our Training and Quality team that will enable us to further enhance our quality assurance processes..
TikTok Layoff Details in Brief
| Company | TikTok |
|---|---|
| Location | Ireland |
| employee laid off | 250 |
| % Laid off | less than 1 |
| Division | Across all |
| Date | 14-April |
less than 1 TikTok employees were laid off over the phone call/email without putting them into PIP (performance improvement plan), as per various media houses. This layoffs at TikTok surely have a deep impact on the affected employees across all division. The main concerns about job security and employability, TikTok employee may find themselves struggling with uncertainty and anxiety. However, it is important to note that layoffs are often a reflection of broader market forces rather than individual performance and we layoffnewz team wishes that all laid off employee will get alternative jobs soon.
You can connect with TikTok Official website for more details about this layoff.
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