TikTok parent ByteDance is giving cash bonuses to its 60,000 employees - Business Insider

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ByteDance is giving its 60,000 employees cash bonuses after working 'endless hours' amid TikTok ban 'noise'

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In a memo first obtained by Bloomberg, ByteDance said the bonuses are intended to thank everyone for their work amid the company's challenging last few months. ByteDance told staff that eligible employees will be getting a bonus, equivalent to half of one month's salary,. In an internal memo obtained by Bloomberg, ByteDance said the bonuses are intended to "thank everyone for their efforts and dedication" as the company faces challenges brought on by politics and COVID-19.

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