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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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

Visual China Group via Getty Images; Ruobing Su/Business Insider

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the secret club that helps determine which healthcare startups blow up - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. bielinko
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why TikTok's algorithm is so desirable to a buyer - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. stokel Please donate and share🙏🏽. Even if it is a dollar stokel Huawei's Hongmeng OS could be of the same caliber 😱 stokel Biggest load of bullshit I've ever heard, they're gonna push pretty people to the top like they always do, end of story.
Source: BusinessInsider - 🏆 729. / 51 Read more »